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11. A) If market lease rates were $59,000/year for the first 15 years and $60,000/year for the next 10 years, would you be financially

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11. A) If market lease rates were $59,000/year for the first 15 years and $60,000/year for the next 10 years, would you be financially better off locking in the 25 year lease, or just renewing annually at market rates? 11. B) What other issues (besides $$) could be factored into the consideration of locking in a longer term lease, as opposed to signing a short term lease? (list two factors) 12. What is the difference between a gross lease and a 'triple net' lease? 13. What is a percentage lease? 14. What is an escalator clause?

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