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Calculate the NOI of a property based upon the information provided below: Building area: 15,000 sqft Average base rents: $27.50 psf NNN recoveries: $4.00 psf
Calculate the NOI of a property based upon the information provided below:
- Building area: 15,000 sqft
- Average base rents: $27.50 psf
- NNN recoveries: $4.00 psf
- Vacancy rate: 5.0%
- Operating expenses $4.30 psf
- Percentage rent $6,000 per year
- Concessions 3.0%
- Annual debt service $210,000 per year
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Economics
Authors: Stephen Slavin
11th Edition
978-0078021800, 0078021804
