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Gross rent multiplier – The ratio between a rental property's gross scheduled income and its market value. Net cash flows – The amount of cash to expect to receive after expenses. Net present value of future cash flows – The sum of net future cash flows discounted back to the present value using the time value of money to understand what ...
In US real estate, urban planning, and especially firefighting, a taxpayer refers to a small one or two story building built to cover the owner's annual property tax assessed for owning a parcel of land. [1] Taxpayers are most commonly mixed use structures with commercial occupancies on the first floor and residential use above.
A pad site or outparcel is a freestanding parcel of commercial real estate located in the front of a larger shopping center or strip mall. [1] Desirable because of their visibility to consumers, accessibility, and the ease of facilitating drive-thru service, pad sites are typically sought after by banks, casual dining, and fast food restaurants.
In Irondequoit, New York, a suburb of Rochester, an abandoned Sears building was turned into 157 low-income and senior housing dubbed Skyview Park Apartments; the development opened in 2022.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
In 2013, The New York Times reported that the United States had 65,840 strip malls. [1] In 2020, The Wall Street Journal wrote that in the United States, despite the continuing retail apocalypse that started in around 2010, investments and visitor numbers were increasing to strip malls. [2] In the United Kingdom and Ireland such malls are ...
Aerial view of the Financial District in Downtown Toronto Main Street in Chesterton, Indiana. Commercial areas, commercial districts or commercial zones in a city are areas, districts, or neighborhoods primarily composed of commercial buildings, such as a strip mall, office parks, downtown, central business district, financial district, "Main Street", or shopping centers.
Hudson Valley Mall: Kingston, New York: Hudson Valley 765,704 square feet (71,136.2 m 2) 30 Target, Dick's Sporting Goods 1981 Hull Property Group 32 Wilton Mall: Wilton, New York: Upstate 763,270 square feet (70,910 m 2) 86 JCPenney, Dick's Sporting Goods, HomeGoods, Bow Tie Cinemas 1990 Macerich 33 Salmon Run Mall: Watertown, New York: Upstate