3 ms·
Here's good comparable with monthly and annual rates (it's big, modern): http://www.kcrea.com/listing/29969851/9101-Minor-Ln-Louisville-KY-40219 http://www.kcr
by ghshephard 10y ago
Here's good comparable with monthly and annual rates (it's big, modern):
http://www.kcrea.com/listing/29969851/9101-Minor-Ln-Louisville-KY-40219 http://www.kcrea.com/listing/29969851/9101-Minor-Ln-Louisvil...
324,730 sq feet. $3.95 PSF/Annual or $106,890/month.
$106,890 * 12 = $1,282,680/year / 324730 sq feet = $3.95/year/sq foot.
And you get 35 Docks on 21 acres to boot.
- cm2012 10y agoI appreciate you taking the time to do this research. A great HN conttibution.
- deleted 10y ago[deleted]
- ykler 10y agoGreat work. Do note that this is an NNN lease, though, which means the tenant pays property tax and operating expenses. For a new warehouse like this one, this site says these fees average 58% of the base rent: http://fgpcl.com/what-to-expect-with-triple-net http://fgpcl.com/what-to-expect-with-triple-net