Question
You are a building owner and just signed a lease for 7,000 sf of NRA. The terms are as follows: Size: 7,000 sf Term: 5
You are a building owner and just signed a lease for 7,000 sf of NRA. The terms are as follows:
Size: 7,000 sf
Term: 5 years
Free Rent: 3 months
Base Rent: $44.00/sf, FSG
Commencement Date: July 1, 2022
Base Year: 2022
Annual Increases: 3% per year
Assuming BY expenses were $14.00 in 2022, how much rent will tenant pay in calendar year 2023?
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Contemporary Financial Management
Authors: R. Charles Moyer, James R. McGuigan, Ramesh P. Rao
14th edition
1337090581, 978-1337090582
