Jennifer Lopez and Ben Affleck are purchasing their first investment property together consisting of a 150,000 SF shopping center has an average rents of $32

Answered step by step
Verified Expert Solution
Question
51 users unlocked this solution today!

Jennifer Lopez and Ben Affleck are purchasing their first investment property together consisting of a 150,000 SF shopping center has an average rents of $32 per SF per year for an NNN lease.The Operating Expenses, Taxes and Insurance are $7.50 per SF. Vacancy is 5%.

Calculate the NOI of a triple net lease (NNN)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Link Copied!

Step: 1

Calculating NOI for a Triple Net Lease NNN Understanding the Terms NNN Lease A triple net lease where the tenant pays for property taxes insurance and maintenance operating expenses NOI Net Operating ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

100% Satisfaction Guaranteed-or Get a Refund!

Step: 2Unlock detailed examples and clear explanations to master concepts

blur-text-image_2

Step: 3Unlock to practice, ask and learn with real-world examples

blur-text-image_3

See step-by-step solutions with expert insights and AI powered tools for academic success

  • tick Icon Access 30 Million+ textbook solutions.
  • tick Icon Ask unlimited questions from AI Tutors.
  • tick Icon Order free textbooks.
  • tick Icon 100% Satisfaction Guaranteed-or Get a Refund!

Claim Your Hoodie Now!

Recommended Textbook for

International Marketing And Export Management

Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr

8th Edition

1292016922, 978-1292016924

More Books
flashcard-anime

Study Smart with AI Flashcards

Access a vast library of flashcards, create your own, and experience a game-changing transformation in how you learn and retain knowledge

Explore Flashcards

Students Have Also Explored These Related Accounting Questions!