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Have you approached the tenant to finance the deal HE? :) If they won't finance above 70% with a fat commercial rate discount, they must think your deal carries higher than market average risk. :eek:

And my greed says I want more than 10.02% over 2.5 yrs for the effort to find the tenant they couldn't :)

Looks like the tenant (FKP) on the 3 year lease built this one Dazz. Too much risk they'll move on as a tenant to their next development, so as to flog that off at 10% net also..... Though I am a cynical bugger.