1. Total CAM expenses for a property are $150,000. The Anchor tenant occupies 200,000 sq. ft. of the 250,000 sq. ft. property. The remaining 50,000 sq. ft. is occupied by in-line tenants. If the Anchor tenant pays $0.5 per rentable sq. ft. towards CAM charges, what is the CAM charges per sq. ft. of rentable in-line space? (compute your answer using 4 decimals and round your final answer to 2 decimals)

2. A building owner is evaluating the following alternatives for leasing space in an office building for the next five years: Net lease with steps. Rent will be $25/ square foot the first year and will increase by $0.50 per square foot each year until the end of the lease. All operating expenses will be paid by the tenant. If discount rate is 10%, what is the effective rent? (compute your answer using 4 decimals and round your final answer to 2 decimals)

3. A building owner is evaluating the following alternatives for leasing space in an office building for the next five years: Net lease with CPI adjustments. The rent will be $20 /square foot the first year. After the first year, the rent will be increased by the amount of any increase in the CPI. The CPI is expected to increase by 3% per year for two years and then by 2% for the following last 2 years of the lease. If discount rate is 10%, what is the effective rent? (compute your answer using 4 decimals and round your final answer to 2 decimals)

4. A building owner is evaluating the following alternatives for leasing space in an office building for the next five years: Gross lease. Rent will be $25/square foot each year with the lessor responsible for payment of all operating expense. Expenses are estimated to be $10 during the first year and increase by $0.50 per year thereafter. If discount rate is 10%, what is the effective rent? (compute your answer using 4 decimals and round your final answer to 2 decimals)

5. A building owner is evaluating the following alternatives for leasing space in an office building for the next five years: Gross lease with expense stop and CPI adjustment. Rent will be $20 the first year and increase by the full amount of any change in the CPI after the first year with an expense stop at $9/square foot. The CPI is expected to increase by 3% per year for the remaining years on the lease and operating expenses are estimated to be $7 during the first year and increase by $1 per year thereafter. If discount rate is 10%, what is the effective rent? (compute your answer using 4 decimals and round your final answer to 2 decimals)