Lease help

[Gustavo Vargas]

Hello all,  I need some advice suggestions.  I have a 10,000 sq ft building that is I was going to develop into  mini strip mall, but i have a prospective tenant wanting to lease the whole thing. Assuming we agree on price and terms, what is a common or customary rent increase per term?  per year?  I am giving him a very low rent as he will be doing al the improvements on the property but after the first term or a couple years i want the rent to increase.  Also, in case of offering a right of first refusal clause how do you price the builidng after he has done the improvements but i have taken a low rent for a few years in order to have a fair but adequate price for both.  I am not very interested in selling the property but for the right price,  I will entrain the offer.  thanks in advance and appreciate your input.