Charge of commercial real estate development for your firm

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You are in charge of commercial real estate development for your firm. you are considering developing a property that will cost $35 million to construct. The target return is 5.5% and the lease will be for 20 years and market rents suggest you will receive 2.75 million annually in NNN rent. From a cash flow perspective, do you this deal?

Reference no: EM131058257

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