We have an active lease in an industrial area in Detroit that pays around $2,000 per month, and we've had some interest by a couple of firms to buy it out for a lump sum payment.
What would be a typical multiple that we can expect to close a deal at? Our particular lease has 25 years remaining in the term?
Like this page? Show us some Social Love. Here's how.
Would you prefer to share this page with others by linking to it?
Click on the HTML link code below.
Copy and paste it, adding a note of your own, into your blog, a Web page, forums, a blog comment, your Facebook account, or anywhere that someone would find this page valuable.
Our church has been approached by a company who wants to put a cell tower on our property. They first offered $1,000 per month with a 2% annual escalator
I own property that the cell tower company has to cross to access their proposed site. Are they entitled to legal use of the specific easement. Also our