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The risk averse owner of a 1,000 sq. ft. single-tenant property with no common space is most likely to ask the tenant to sign a

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The risk averse owner of a 1,000 sq. ft. single-tenant property with no common space is most likely to ask the tenant to sign a 10-year lease with which of the following terms and conditions assuming the expenses for the year in which the lease begins are: i) property taxes of $10,000; ii) insurance of $5,000 and; iii) all other operating expenses of $7,000 Select one: O a. A gross rent of $30 / sq. ft. O b. A base rent of $20 / sq. ft. with single net expense participation Oc. A base rent of $15 / sq. ft. with double net expense participation A base rent of $8/sq. ft. with triple net expense participation O e. All leases are equivalent for the owner

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