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Ground leases
Hi, trying to figure out the what value (rent/sf) a building would be, relative to a comp in a certain market....
ground rent is $220,000/year. Tenant is constructing a 3,000 SF building. Monthly rent should be??
Existing building 4,000 SF. Comp above will support what the new rent will be for the 4,000 SF building.
thanks!
CR