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Assume a warehouse building contains 600,000sf and there are two tenants. A has 350,000sf and rents for $3.00psf. B has 250,000 and rents the space
Assume a warehouse building contains 600,000sf and there are two tenants. A has 350,000sf and rents for $3.00psf. B has 250,000 and rents the space for $4.50psf. Assuming a vacancy of 5% on total rent, what is the effective gross income?
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