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Updated over 1 year ago,
Retail Rental Analysis
Hi everyone- I am in the process of possibly listing a retail building for lease (2,128 Sq ft building on a .75 acre lot). I'm having a hard time figuring out what to lease it at because there are barely any comparables anywhere close to the subject property. Can anyone give me tips on some good "rule of thumb" strategies to calculate a monthly rent payment? Since the owner isn't interested in selling, it's hard to use the 10% rule. Any information would be helpful. Thank you in advance to anyone willing to help.