Updated over 3 years ago on . Most recent reply
cap rate values for office condo ?
I am going to sell an office condo with a business, and I want to figure out the value of the property part of the sale. This is near The Woodlands and the market rent suggest $23 a foot per year triple net with 2650 SF . Decent car count and place to put your own sign, good area, lots of good upside.
Can someone chime in and tell me what that might be worth? Is the cap rate 6%, 7% or 5%? Please tell me