$6/sf Nnn
Leasing commercial space is what I do, though I've never leased an arcade or a mini golf course before.
The $6/SF NNN in this case could refer not only to buildings but also land, which might all of the sudden make this look very expensive. My guess is that the actual SF of buildings is minor, and for this reason the rent couldn't be based on that.
Retail leases often include clauses where the tenant pays the landlord a percentage of receipts or profits, too.
Keep in mind, most users would get 12 months of use out of their $6/SF NNN warehouse space, getting 2.5-3 months of good use plus maybe a month or 2 in the shoulder seasons for a property/use like this changes the equation.
But, a lot of the work has been done in permitting, development, construction, signage, etc., so it does have the benefit of low start up cost!
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