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What is the estimated 1st year Net Operating Income (NOI) of the following property: 50,000 square feet of office space currently rented for $10 per
What is the estimated 1st year Net Operating Income (NOI) of the following property: 50,000 square feet of office space currently rented for $10 per square foot per year, 6% projected vacancy, operating expenses of 30% of Effective Gross Income (EGI), and $15,000 per year in capital expenditures?
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