Quoted from RCA1:So, who wants to be Deeproot's landlord?
https://www.crexi.com/properties/452952/texas-12621-silicon-drive
It’s very interesting to read the wording of the ad. It almost contemplates a new tenant. Below market rates, multi tenant suitable, value added asset. Obviously it could just be the bias of whoever wrote the ad.
Also, they do not price the building but they do include a cap rate. The cap rate is calculated based on price. Cap rate = net income / sale price. The inclusion of the cap rate has effectively priced the asset.
I am probably reading to much into it, the ad was probably written by the realtors 19 year old assistant....
Cheers