Thursday, March 14, 2013 10:36:05 PM
The truck stop project is only taking up a max of 25 acres. The other 122 acres are prime for developing. So take the following equations:
If MultiCorp were to do a simple land lease of that property so other people can put their businesses on that land, this is the yearly revenue MultiCorp would receive JUST for a land lease at $1.00 per sq’
1 Acre = 43,560 Square Feet - 43,560 x 100 acres x $1.00 x 12 months = $52,272,000 per year in net collected revenue! Over $52 Million in revenues per year just on the land lease. The company would be set on this but add in the other potential $30-35 Million a year in revenue from the truck stop, hotel, etc and now MultiCorp has projected gross revenues each year of over $80 Million dollars! And most land leases are for a minimum of 10-20 years – That equals $800 Million up to $1.6 Billion potential just on this project.
GO MCIC!!!!!!
GLTAL!!!!!!!!
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