Through out the month of July stay updated in learning some key terms that you should know in the Industrial Market World.
Cap Rate- Is a calculation that reflects the relationship between one years net operating income and the current market value of a particular property, The Cap Rate is calculated by dividing the annual net operating income by the sales price (or asking sales price)
Full service Rental Rate- Rental rates that include all operating expenses such as utilities, electricity, janitorial services, taxes and insurance.
Leased Space- All the space ;that has a financial leased space, regardless of whether the space is occupied by a tenant. Leased space also includes space being offered to sublease.