The following property is subject to a NNN (Triple Net) lease Structure. The rent roll for this retail property is as follows: Monthly Rent Unit 10541 10551 10553/10557 10561 10563 10565 10567 10569 10571 Total Occupied Space Tenant Alan's Seafood Diego's Quick Copy Jaden's Quick Eats Restaurant Benny' Donuts Christine's Liquor Tony's Computer Shop Greg's Coffee Shop Minnie's Dry Cleaner Jacinto's Beauty Salon GLA (SF) $44,521/year What is the Effective Gross Income (EGI)? 3.175 2,200 1.750 1,000 1.000 750 1,500 500 12,625 750 $14.939/year Collectively, the vacancy and collection loss rate are 5% of Potential Gross Income (PGI). The operating expenses are as follows: Reimbursable Operating Expenses $0.25/SF/year Property Taxes (1.1% of property value) Property Insurance Common Area Maintenance Property Management (4% of EGI) Non-Reimbursable Operating Expenses Reserves for Replacement The overall Capitalization Rate (OAR) is 6.50%. Using the information above, answer the following (Round all answers to the nearest whole dollar): $1.50/SF/year Based on the above assumptions, what is the Net Operating Income (NOI)? $0.20/SF/year Assuming that all tenants pay their pro rata share of reimbursable operating expenses, what is the total expense reimbursement amount? $6,589 $2,500 $3,965 $2,215 Based on the above assumptions, what is the value of the property? $1,485 $2,000 $4,542 $1,200 $1,468 $25.964