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$8 million is low, especially in light of how hot this market is. Whether $27k/month is adequate depends on a lot of variables not in evidence. Like what's the length of the lease? And will the lease rate escalate with inflation, property value increase, etc. Plus, a lot of the improvements, classes, etc. are pretty nebulous. I'm skeptical about whether they'll make it into the contract with anything approaching enforceable language.

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