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On a 10,000 SF office building with a full-service lease with rent of $30 per SF per year, vacancy is 10%, Expenses are $8.00 per

On a 10,000 SF office building with a full-service lease with rent of $30 per SF per year, vacancy is 10%, Expenses are $8.00 per SF/yr. if the lease has an expense stop of $6.75 per year per SF, what is the PGI?

300,000

312,500

380,000

282,500

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