A 25,000 square foot multi-tenant industrial building in the City of Duarte was recently valued for estate planning purposes. This property includes 12 individual tenant units, each featuring a roll-up loading door and a compact office area.
Key Features of the Property:
- Tenant Configuration: The building is divided into 12 separate units, allowing for versatile industrial and office space usage.
- Loading and Office Areas: Each unit includes a roll-up loading door and a modestly sized office area, enhancing functionality for various industrial operations.
- Rent Loss Analysis: Given the property’s below-market lease rates, our appraisal included a Rent Loss Analysis. This analysis evaluates the “cost to achieve stabilized occupancy,” factoring in potential rent adjustments required to align with market rates.
Appraisal Details:
- Retrospective Value: The appraisal focused on determining the retrospective value of the building, providing insights into its value as part of estate planning.
This comprehensive valuation takes into account current lease agreements, market conditions, and the cost implications of achieving stabilized occupancy. It is designed to support effective estate planning and property management decisions.
For more information about our multi-tenant industrial building appraisals or to discuss a similar property, please reach out to us.
