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Updated almost 12 years ago on . Most recent reply

User Stats

13
Posts
0
Votes
Frank Wu
  • San Francisco, CA
0
Votes |
13
Posts

How much would you pay for this warehouse building?

Frank Wu
  • San Francisco, CA
Posted

How much would you pay for this warehouse building?

Total sq ft 46,780, 3 tenant, light industrial (warehouse) building.

Neighborhood comps shows $120 sq ft to $170 sq ft depending on the building size.

NNN shows the amount each tenant pays.

Acutal expense is $9247 monthly (or ~$0.20 per sq ft)

Rent Roll:

Tenant

Monthly Rent

NNN

Sq Ft

Bldg %



1

$12,047

$2,400

15,953

34.82%



2

$12,800

$2,626

13,400

29.25%



3

$10,300

$1,500

16,460

35.93%



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