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Lease Terms Rental Rate: $40 NNN for five years and then $45NNN until the end of term Term- 10 years Size: 10,000 sf Free Rent-
Lease Terms
Rental Rate: $40 NNN for five years and then $45NNN until the end of term
Term- 10 years
Size: 10,000 sf
Free Rent- 12 months free (outside term, net free rent)
Tenant Improvement- $70 sf
Commission 4% for five years, 2% thereafter
Operating Expenses $15.00 (3% growth)
Amortization Rate 8%
Calculate the following:
(1) Average Rent
(2) Effective Rent
(3) Commission
(4) NPV/sf
(5) NER
(6) What is the NER?
(7) What is the NER if it was 12 months GROSS free?
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Brinks Modern Internal Auditing A Common Body Of Knowledge
Authors: Robert R. Moeller
7th Edition
0470293039, 978-0470293034
