We have been approached for a 100' by 100' space for a 911 tower to service St. Louis County, Missouri. The rent offered is $1000/mo with a 5 year lease and 9 5 year options. Rent increases are to be 15% at each 5 year term. We sold a much smaller space 7 years ago ajacent for a significantly larger amount that just doesn't correlate to $1000/month. What is a realistic rental rate?
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