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Updated almost 3 years ago, 02/18/2022
Annual rent increases vs inflation
Hi All
So far our standard lease includes a 3.5% annual rent increase for our 4 unit retail commercial building. This has worked great, but with inflation going up is this a good idea for new lease? A tenant is asking for a 10 year lease and will be taking 75% of the building.
We like the 10 year but worry that our standard increase will be too small.
Thanks!