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A tenant has leased 5,000 square feet and pays a percentage rental of 5% with a base rent of $10 per square foot. What is

A tenant has leased 5,000 square feet and pays a percentage rental of 5% with a base rent of $10 per square foot.

What is the annual base rent?

What is the natural break point on sales for this lease?

What amount of overage rent would be due if the sales were $1,600,000?

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