market rent


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market rent

See economic rent.

References in periodicals archive ?
Subsidized properties with their lower rents had a lower average NOI than the market rent properties reporting in the survey.
In addition, assume that about 20% of the space rolls over each year and that space is re-leased at market rent. If the risk were the same, then the same discount rate would apply and the property would be valued as in Table 2.
Subsidized properties with their lower rents had lower NOIs than those for the market rent properties reporting in the survey.
In a proper market value appraisal of a leased fee interest, the appraiser compares contract rent to market rent and analyzes risk associated with the rent relationship.
Is the high contract rent equivalent to market rent? It depends on market support and whether other strong locations generate similar rents.
Some landlords, attempting to sell a building, will offer tenants whose leases are about to run out new lease extensions at below market rents. That will decrease the loan amount the building will support and will not work to the landlord's advantage.
They represented 89 percent of the market rent properties and 69 percent of the subsidized properties.
The first step in applying the income capitalization approach is to determine the market rent. In order to properly develop the market rent, sufficient market evidence must be found of the amount that a willing lessee would pay a willing lessor to occupy the space.
Many commercial leases prohibit the tenant from subletting at less than the greater of either the passing rent or the market rent.
This is 20 percent less than the $7,963 ($9.11 per square foot) for their market rent counterparts.
Comprehensive discussion of this issue is typical of the detailed focus on relationships between target income, market rent, contract rent, risk, and reversion value.
This reduces the risk of taking a lease at a high market rent if they are not sure what their turnover will be.

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