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Assume you are an investor and you have a retail and logistics client with a requirement for a building with 114,000 SF located in the
Assume you are an investor and you have a retail and logistics client with a requirement for a building with 114,000 SF located in the Lehigh Valley of PA. Total hard and soft costs are $69/SF. Assume a building to land coverage ratio of 50%. Land is being offered to you at $8.00/SF of Land Area. You are trying to achieve an unleveraged yield of 6.0%. What is the min. rent in $/SF/Yr that you need to achieve your target yield? O $4.55 O $5.1 O $5.5 O $6.0
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