The market rent for a warehouse facility is $123,957 per annum net. The current or passing...

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The market rent for a warehouse facility is $123,957 per annum net. The current or passing rent being paid by the tenant is $95,404 per annum net. The rent will not be reviewed to market until 9 years' time. What is the market value of the property subject to the existing tenancy? Use a discount rate of 8% per annum. Round your answer to whole dollars. For example, write 12345 as the answer. The market rent for a warehouse facility is $123,957 per annum net. The current or passing rent being paid by the tenant is $95,404 per annum net. The rent will not be reviewed to market until 9 years' time. What is the market value of the property subject to the existing tenancy? Use a discount rate of 8% per annum. Round your answer to whole dollars. For example, write 12345 as the answer.