What are big box rents?
I know it varies market to market, of course. But what is a rule of thumb perhaps on what big box rents are? I'm looking at an 80,000 SF retail power center building in a smaller market, and really don't have any comps.  
[{"id": "dt4jxyw", "text": "State?", "replies": [], "depth": 1}, {"id": "dt4ocsc", "text": "Sounds like the only tenants that would be able to occupy that size, in a retail format would be Costco and/or Sam's club. Also maybe some extraordinary gyms, like 24 hour fitness Super Sport. Depending on your location and density, you may have a easier time cutting the space up for smaller tenants. I would say, you are looking at slightly higher than industrial rents plus retail's common NNN fee. ", "replies": [], "depth": 1}, {"id": "dt505n2", "text": "Literally impossible to tell without some indication of where you're looking and how big the space is.\n\nYou said \"smaller market\", so I'm assuming suburban/rural? Likely mid single digits NNN. Think like $4-$8/SF/Year NNN.", "replies": [], "depth": 1}, {"id": "dt58ain", "text": "Yeah, what market? It can be $1.00 in Ohio or $12 in new york. 80,000 is huge though. I imagine a tenant that large will not be very high as I dont know higher end retail that requires that SF.", "replies": [], "depth": 1}, {"id": "dt5gear", "text": "Depends on the credit of the tenant, the location, ect. ect. ect. \n\nIf it is your anchor, YOU could be paying them. Look up Steve and Barry's for how fucked up retail can be. Since many of the smaller tenants clauses are tied to the anchor tenant, if you don't keep the anchor, the little tenants have the right to walk away. \n\nIf you are a in the boonies, good luck trying to price that. See about pulling a costar report to get an idea of what asking rents are \n\n", "replies": [{"id": "dt66viv", "text": "This is key.  From a tenant perspective, they will comp vs other cities and nearby rents, but their sales are driven by demographics and that dictates their occ cost. \n\nIf you are in a tiny strip center, I'd really compare the return of cutting up a box vs leasing to a big box.\n\n", "replies": [], "depth": 2}], "depth": 1}, {"id": "dt5n42m", "text": "The rent on that former Walmart you're looking at is $0", "replies": [], "depth": 1}, {"id": "dt64afe", "text": "Like everyone else is saying (and you mentioned too)d, it really depends on the market. \n\nGeneral rule of thumb, (credit) anchors pay less PSF than small shops. Bigger the space, lower the rent.  ", "replies": [], "depth": 1}, {"id": "dt6nsxb", "text": "it varies all over.  Even in malls and stuff with multiple anchors their rates are all over.  \n\nYou make money on inline.  Get whatever anchor you can find that will fill that out to drive traffic or cut it.  \n\nYou gotta remember, say an 80k sf grocery is going to jack your other spaces way up and let you fill them.  An 80k sf furniture store is going to be a ghost town, so you need to get the rent from them since it will kill the rest of your center.  ", "replies": [], "depth": 1}, {"id": "dtfkca8", "text": "There's not really a rule of thumb, and also if you're the anchor that will be bringing in not only customers, but other businesses, you should be starting low.  As mentioned, 80,000 SF is a lot of space, and I would also look at how much it would cost to demise, as well as depth when negotiating.  \n", "replies": [], "depth": 1}, {"id": "dtixx3w", "text": "I remember seeing an old sears for sale that was that size. it was giant but in the middle of nowhere. there's literally no tenant for it. \n\nYou're probably looking for hard numbers. knowing the info you've given me, between $2psf NNN and 30psf NNN!!! population density is the driving factor to value vacant retail IMHO", "replies": [], "depth": 1}]