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A new tenant has given us an offer for a 250m2 space for 3 years. They have offered us a net rental of R50 per
A new tenant has given us an offer for a 250m2 space for 3 years. They have offered us a net rental of R50 per m2, R2,500 per month for rates and taxes and R23 per m2 for operating costs. They have also offered 8% escalation per annum on rent and operating costs, rates and taxes will escalate at 10% per annum. Please calculate on a spreadsheet the total value of this lease showing all calculations.
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