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The top city on the list according to the report, Johnstown, Pennsylvania, costs just 65 cents per square foot in terms of average rent, well below the national average of $1.78 per square foot ...
The pandemic has had a dramatic effect on almost every aspect of the U.S. economy, including the price of rent. In many cases, rents have dropped, as landlords attempt to appeal to renters whose
Last week, the Centers for Disease Control and Prevention extended a pandemic-era protection policy for renters, making the new deadline for the eviction moratorium October 3. The eviction ban was...
The length of the lease is also a determinant of value (e.g., 20 years of guaranteed income will be worth more 10 or 15 year terms). Generous rental increases, also known as rent bumps, add value to the lease and protect the landlord against inflation. Some leases also have a percentage rent kick in if the tenant's gross sales hits a certain CAP.
A parking lot needs fairly large space, around 25 square meters or 270 square feet per parking spot. This means that lots usually need more land area than for corresponding buildings for offices or shops if most employees and visitors arrive by car. This means covering large areas with asphalt. [29]
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