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Information about listing: -19,796 SF single story office building -4.1 Acre site with parking -Sale Price: $1,200,000/ $60.62PSF -Lease Price: $9.00/SF, NNN 1. Assume full

Information about listing:

-19,796 SF single story office building

-4.1 Acre site with parking

-Sale Price: $1,200,000/ $60.62PSF

-Lease Price: $9.00/SF, NNN

1. Assume full occupancy, what is fair market value using 12% desired cap rate?

2. Now assume requested "sale price" and $9.00 lease rate PSF on triple net basis. What must monthly be to achieve 10% cap rate?

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