Question
A tenant signed a lease for 3,500sf with a base rent of $20/sf. The expense stop for the tenant is $8.59/sf. The actual expenses for
A tenant signed a lease for 3,500sf with a base rent of $20/sf. The expense stop for the tenant is $8.59/sf.
The actual expenses for the building over the first 4 years has been:
Yr 1 = $8.59/sf
Yr 2 = $8.88/sf
Yr 3 = $9.12/sf
Yr 4 = $9.28/sf
What is the tenant's expense reimbursement for Year 4? Enter the total dollar amount (not a per square foot amount).
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Essential Wholesaling Strategies For Real Estate Success
Authors: Farisg H. Al-farisi
1st Edition
979-8866103171
