so i have a 5000 sq ft building that is leased to a tenant... its up for renewal... and im getting $1 per foot.. period..
They dont pay my taxes, insurance, or any triple net repairs or whatever.. Just $5k a month...
they're on a major road... .
I want to increase the rent 5% to cover the AC replacements.... i actually need about 15%, but am willing to settle for 5%... and they dont wanna go up...
just wondering what the going rate for a semi-warehouse/commercial store would go for on a major road like harvey, texas avenue, george bush, university.. etc...