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Question 8 10 pts Consider an 18,000 SF shopping center where all tenants pay $21 per square foot, triple-net. Assume that operating expenses include real

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Question 8 10 pts Consider an 18,000 SF shopping center where all tenants pay $21 per square foot, triple-net. Assume that operating expenses include real estate taxes of $54,000, insurance of $15,000, and CAM of $30,000. If a tenant requested full service gross (FSG) lease rather than a triple-net (NNN) lease, at what lease rate would the owner be indifferent between the two? $25.00 $25.50 $26.00 $26.50 $27.00

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