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A 120,000 SF office building has average rents of $30 per SF per year for a full-service gross lease. The Operating Expenses, Taxes and Insurance
A 120,000 SF office building has average rents of $30 per SF per year for a full-service gross lease. The Operating Expenses, Taxes and Insurance combined are $5.00 per SF. Vacancy is 5%. Calculate the NOI of a full-service gross lease (FSG)
3,600,000
2,820,000
3,390,000
3,420,000
Please specify the correct answer.
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