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What value do you place on this? I don't even know where to start with a valuation.
Post Body

Papa John's tenant. Paying $1,900 per month in 1980's stand alone building. Very high traffic road front. Been there for decades. Lease has 4 years with one last 5 year option to renew. Rent goes up approx $400 in 4 years and another $400 if they use the option,which they will. It's NNN and the land value now is 600-700k and should be well over 1m in 9 years.

Whats it worth now?

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Posted
5 months ago