Oxford Communify Shopping center is a community shopping center with 275,000 square feet of rentable space it includes one 35,000 square foot grocery and one 75,000 tquare percentage rent leases. It is expocted that thete leases will produce overage rents of sa08,700 during the base ywar. CAM expenses recorerable fiom tenants for maintenance of 57,130,200 5,640,200 56,313,364 54,17b,204 Use the information from the previous question. Estimate the NOI. $6,313,364$3,893,907$3,310,407$4,178,264 Use the information from the previous question. If the property is listed at $39,419,555 calculate the "asking" cap rate. 9.8% 8.4% 10.6% 11.8%