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Auto Dealership Lease Rates

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Anotherfox

Thread Starter
Freshman Member
Joined
Dec 15, 2007
Professional Status
Appraiser Trainee
State
Maryland
I am appraising a large Auto Dealership in Maryland. The client has required an income approach. I have very limited data, but have some dealership rental rates of between $1.50 and $2.99 per square foot of land. Does anybody Have info that may help me? :new_newbie:
 

Lawrence R.

Senior Member
Joined
Mar 27, 2007
Professional Status
Certified General Appraiser
State
South Carolina
Are you working with the dealer? if so, NADA has a lot of info on dealerships that he could get for you as a member.

I am assuming this is a Franchise lot, and not an independent.
 

Howard Klahr

Senior Member
Joined
Oct 4, 2004
Professional Status
Certified General Appraiser
State
Florida
CB Commercial Net Least Dept has marketed several dealerships during the last half of this year. You might be able to track down this listings thru their web site.
 

Anotherfox

Thread Starter
Freshman Member
Joined
Dec 15, 2007
Professional Status
Appraiser Trainee
State
Maryland
Thanks, I found some stuff on CBRE that I can use. The dealer is not very cooperative so I don't think the'll be much help. Appreciate it
 
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