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5 (1 point) Bobs Store is 1,000 square feet in a 100,000 sq. ft. shopping center. The tenants all pay a percentage of common area
5 (1 point) Bobs Store is 1,000 square feet in a 100,000 sq. ft. shopping center. The tenants all pay a percentage of common area maintenance (CAM) on the basis of their square footage ratio to the full center square footage. Total CAM for the shopping center is $12,000 per month. How much must Bobs Store pay for CAM? Question 5 options: a) Zero because CAMs are now void b) $120.00 c) $1200.00 d) $100.00
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