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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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