(2) A building (not the business) is currently for sale. The asking price is $10,203,034 with gross leasable area 56,283 SF .

What is the amount you can earn on alternative investments is 5.25% does this investment make sense? Could using NPV help with this question? You can consider a 20 year timeline. How much would the rent need to be to cover your monthly debt service based on $1 million down, a 5.0% interest rate, over a period of 20 years? This is a 20 year absolute net lease (tenant pays all operating expenses), so you don't need to consider operating expenses.