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Question 1 Rent Calculation Assume the following for a floor in a multistory office building: Assume the following for a floor in a multistory office

Question 1 Rent Calculation
Assume the following for a floor in a multistory office building:
Assume the following for a floor in a multistory office building:
Total usable area: 34,845 sq ft;
Total common area: 10,876 sq ft;
Tenant As usable area: 4,800 sq ft.
Tenant As annual rental rate is $35 per sq ft.
How much total rent does Tenant A pay per year?
Question 2 CAM
An office complex has the following operating expenses in year one:
Janitorial $4,876
Insurance $3,875
Maintenance $25,810
Property taxes $48,975
Landscaping $3,975
The following tenants have agreed to reimburse for CAM expenses according to the following lease terms
Office 1(3,780 sq ft) Up to $5.15 psf
Office 2(2,895 sq ft) Up to $5.00 psf
Office 3(2,980 sq ft) Up to $4.50 psf
Office 4(7,695 sq ft) Up to $4.75 psf
Deli (1,200 sq ft) Up to $3.50 psf
(Note: You ONLY have information of a single year so do not try to set this up for multiple years. Also Part Two has NOTHING to do with Part One so don't confuse data.)
Please show me your work to answer these questions, highlight your answers.
What is the Op Ex for year one?
What will EACH tenant reimburse in year one?
At the end of year one, what will be the unreimbursed amount?

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