Explain: An office building is renting for $10/sf, with 50,000 total leasable square feet. Office buildings in the area are selling for cap rates of
Explain: An office building is renting for $10/sf, with 50,000 total leasable square feet. Office buildings in the area are selling for cap rates of 5.5%. What information do you have and what are you lacking in order to calculate the price with a direct cap rate valuation?
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Authors: David Hartzell, Andrew E. Baum
2nd Edition
1119526094, 978-1119526094
