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A tenant has a gross lease with an expense stopof $2.75/SF. If the building has 200,000 square feet of leasable space, reimbursable operating expenses of
A tenant has a gross lease with an expense stopof $2.75/SF. If the building has 200,000 square feet of leasable space, reimbursable operating expenses of $700,000, and the tenant rents 25,000 SF, then how much does the tenant owe the landlord in expense reimbursements (the total $ amount)? Question options:
$3.50/SF.
$25,000.
$58,750.
$18,750
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