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Calculate the net effective rent based on the information in the table below. Report your answer as an annualized rent per square foot. Lease term:

Calculate the net effective rent based on the information in the table below. Report your answer as an annualized rent per square foot.

Lease term:5 years

Incentive:3 months free rent

Rent per month:$3,300

Rentable area: 1,400 sq ft

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