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1A 1B 1C tenants in your mall this year? You operate a mall and have agreed to the following lease terms with one of your
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tenants in your mall this year? You operate a mall and have agreed to the following lease terms with one of your in-line tenants. The annual base rent is $30.41 per quare foot for the 7,000 square feet of rentable space. The lease contains a percentage rent clasue that stipulates the tenant must pay 5.5% of annual gross sales revenue above a breakeven in $600,000. If the tenant produces sales of $1 million during the upcoming year, what will be the annual rent per square foot for this tenant? You operate an office building. The fifth floor of your building is currently configured for multiple tenants, with total usable area of 53,000 square feet. If you were to lease the entire fifth floor to a single tenant, the resulting efficiency of layout would offer a total usable are of 68,000 square feet. Given this information, what is the load factor for the fifth floor of your building? tenants in your mall this year? You operate a mall and have agreed to the following lease terms with one of your in-line tenants. The annual base rent is $30.41 per quare foot for the 7,000 square feet of rentable space. The lease contains a percentage rent clasue that stipulates the tenant must pay 5.5% of annual gross sales revenue above a breakeven in $600,000. If the tenant produces sales of $1 million during the upcoming year, what will be the annual rent per square foot for this tenant? You operate an office building. The fifth floor of your building is currently configured for multiple tenants, with total usable area of 53,000 square feet. If you were to lease the entire fifth floor to a single tenant, the resulting efficiency of layout would offer a total usable are of 68,000 square feet. Given this information, what is the load factor for the fifth floor of your buildingStep by Step Solution
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