1. (1pt) The following is the net rent schedule for a 16,000 SF tenant: The first 4 months are free rent, then 8 months at $24.00SF, 12 months at $26.00SF, 12 months at $28.00SF, 12 months at $30.00SF and then the final 12 months at $32.00SF.
   • Utilizing the above assumptions, completing the per square foot Effective Rent Calculation equals_____
     1. $29.60
     2. $28.20
     3. $27.80
     4. $26.40

• (1pt) What would the effective rent be if the Landlord provided $54.00SF in Tenant Improvement (TI's) __________.

Answer rating: 100% (QA)

To calculate the per square foot Effective Rent we need to determine the total rent over the entire ... View the full answer