Re:How Nasty Gal Went from an $85M Company to Bankruptcy
by ykler on Sunday February 26, 2017 @06:54AM
(#13736805)
Great 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://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.