Question: Can someone please help with question 5? 5. Adjustments to NOI: Tenant Allowance Over the next four years, Gateway Towers has 40,000 square feet of

Can someone please help with question 5?

Can someone please help with question 5? 5. Adjustments to NOI: Tenant

5. Adjustments to NOI: Tenant Allowance Over the next four years, Gateway Towers has 40,000 square feet of leases rolling at flat rents. The owner's predict that tenant allowances on new leases will total $25 per square foot. The property expects to have NOI of $3,000,000. What is adjusted NOI for this asset? IO

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