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Lenny, a real estate professional, has found a retail outparcel for sale for $ 5 , 0 0 0 , 0 0 0 for a
Lenny, a real estate professional, has found a retail outparcel for sale for $ for a client he is representing. Lenny's analysis suggests the property will
be worth $ in years after the site's land use is reclassified to allow for a mixed use development. Before the client is willing to make an offer, she
wants to know what the annual return will be What is the annual rate of return on this investment?
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