Examples of Lease Rate in a sentence
By taking this approach, a "Net Equivalent Lease Rate" for each of the Comparable Transactions shall be determined using the following steps to adjust the Comparable Transactions, which will allow for an "apples to apples" comparison of the Comparable Transactions.
Proposed Base Rent The minimum annual Base Rent is calculated by applying the minimum Lease Rate Percentage to the land value.
Management considers Effective Blended Lease Rate Growth a useful metric for investors as it assesses combined proportional market-level new and in-place demand trends.
CHAPTER 9 – LEASE FEEThe minimum annual Base Rent is calculated by applying the minimum Lease Rate Percentage to the land value.
The Net Equivalent Lease Rates for the Comparable Transactions shall then be used to reconcile, in a manner usual and customary for a real estate appraisal process, to a conclusion of Market Rent which shall be stated as a Net Equivalent Lease Rate applicable the Option Term.