lets assume
building is 20,000sf
gross monthly rent is 100,000
$rent/sf/year
would that mean 100,000 x12 =
1,200,000
divided by
20,000
= $60/sf/year
is that correct....
i was just analyzig properties on loopnet,...and for some got confused with a property...am i missing something?
yes im a newb, no im not consulting anyone, im tkaing baby steps, have no commercial listings yet, and not advising anyone, and will have a commercial agent help me when the time comes...
im just trying to learn what i can on my own ...
thanks all : )