Question
Q1 )Calculate the rentable area for the unit below. Usable office space: 5,000 sq ft Load factor: 15% Annual base rent: $80,000 A 7,666 sq
Q1 )Calculate the rentable area for the unit below.
Usable office space:5,000 sq ft
Load factor:15%
Annual base rent:$80,000
A 7,666 sq ft
B 5150 sq ft
C 5,000 sq ft
D 5,750 sq ft
E 750 sq ft
Q2 )Based on the information provided in the table, calculate the monthly rent owed. Enter your answer below as a whole number.
Lease type: Percentage
Rentable retail space: 7,000 sqft
Base rent per month: $8,000
Percentage of monthly sales: 8%
Natural breakpoint:$100,000
Monthly sales:$115,000
Q3) Calculate the net effective rent based on the information in the table below. Report your answer as an annualized rent per square foot.
Lease term:5 years
Incentive:3 months free rent
Rent per month:$3,300
Rentable area: 1,400 sq ft
A $26.88
B $21.21
C $2.24
D $28.29
E $11.79
F $1.77
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