From the desk:
This NNN lease has a roof and structure carve-out, a CAM cap, and a right of first refusal. Which of those do I fix in the PSA?
48,000 sf single tenant industrial, 28 foot clear, built 2006, tenant is a third party logistics operator with 6 years remaining. Asking $3.35M, NOI $231,000, 6.9 percent cap. I g…