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Calculate the effective rent for a five-year lease. Gross Lease with Step Up Rents Rent will be $58.00 per rentable square foot and will increase

Calculate the effective rent for a five-year lease.

Gross Lease with Step Up Rents

Rent will be $58.00 per rentable square foot and will increase by $1.50 per year. Operating expenses will be $25.00 per square foot and will increase by $1.00 per year.

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