es usually 10 pts Question 5 A national retailer uses 15,000 SF of store space and will use a 25-year evaluation period at a 20% discount rate to assess NPV. Assume that the property would lease for $23 per foot (absolute net) with $5 per foot in operating expenses. What is the approximate NPV of leasing? $1,398,016 $1,447,945 $1,673,653 $1,733,426 $2,077,987