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If the rent increases by $2/sq ft each year thereafter, and the expenses are $5 in Year 1, increasing by $1/yr thereafter. The expense
If the rent increases by $2/sq ft each year thereafter, and the expenses are $5 in Year 1, increasing by $1/yr thereafter. The expense stop is $7, what is the effective net rent for the first 5 years? (Property cost $26.00/SF/YR)
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