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Forum Plaza is a Class A olfice building with two strong credit tenarts (Tenart 1 and Tenant 2 ) Bcen venants currently poy $30/ ecft/year,
Forum Plaza is a Class A olfice building with two strong credit tenarts (Tenart 1 and Tenant 2 ) Bcen venants currently poy $30/ ecft/year, the market rent, and maket rent is expected to stay at this level in the foreseoable tuture. - Tenant 1 occupies 20 thousand sqh, and As lease contract ends on Dec 31, 2023 - Tenant 2 occupies 10 thousand soft, and is lease contract ends on Doc 31, 2025 - When a loase contract ends, the probabilty that the tenant renews is 40% if the tenant does not renow the loase, that space will stay vacant for 6 months. What is the projocted eflective gross income (EGI) for the year 2026 ? $1,110,000$765,000$810,000$720,000$930,000
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