This is evident already in the 32,000 square-foot Lego Discovery Center built last August, the coming Build-a-Bear to the mall, and community events PREIT has organized such as Taste of Springfield, and Cherry Blossom Festivals.

My suggestion was going to be to prorate the monthly rent for sake of starting the relationship on the right foot. 

Your first few deals not only get your bank roll going but they also set you off on the right foot if you have success.

I know there are risks: breaking my window, breaking a tenant's car window, tripping over a cypress knee and cutting off their own foot, etc. 

Her 1600 sq. foot, spec house, without a garage, sold in one week for $383,000.

I am wanting to start out on the right foot.

How much is a reasonable price per square foot for new build?

Hopefully you did not pay too much for the dirt. 1 acre is optimal these days because of desired double to triple drive thru for QSR.It can become a problem because if they make the building smaller you get less rent but they do more sales.Example a QSR used to be 3,000 to 4,000 sq ft but now instead wants double drive thru's as not many go inside for fast food like pre-covid.If you get 1,000 a foot less at 30 a foot you just lost 30k NOI and now at 5 cap example paying all cash NNN once developed you have lost 600k value.It can fine as long as you do not overpay for the land.

Well he did and I can tell you getting a referral and being able to Mention Mike as a Colleague got my foot in the door with a much bigger bank.

But you're on pretty good footing.