D Question 9 10 pts Consider an 18,000 SF shopping center where all tenants pay $20 per square foot, triple-net. ignore the general vacancy allowance, and assume that reimbursable operating expenses are only a management fee that is 4.5% of PGI, what is the approximate value of this property at a 9% cap rate? ble operating expenses are $90,000 and non- $4.303,0oo $3,442.500 $4,026,000 e $3,775,000 10 pts D Question 10 Consider an 18,000 SF shopping center where all tenants pay $20 per square foot, triple-net. Reimbursable operating expenses are $90,000 and non-reimbursable operating expenses are only a management fee that is 3% of PGL Based on these assumptions, how much would the investor pay (net) for operating expenses? $15,750 $12,600 $18,900 $13,500 e $22,050