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You have entered into a Retail lease that has a fixed Base Rent of $10/SF on your 5,000 SF space.Your annual sales are $400/SF.Your Lease
You have entered into a Retail lease that has a fixed Base Rent of $10/SF on your 5,000 SF space.Your annual sales are $400/SF.Your Lease also requires Percentage Rent of 5% based on a Natural Breakpoint.How much is your first year's Base Rent, Percentage Rent and then the total Rent?(please show work
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