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You offer a tenant a 5 year lease at $20/sqft/yr with $20/sqft in TIs, which translates into an IRR of 15% for a 4 year
You offer a tenant a 5 year lease at $20/sqft/yr with $20/sqft in TIs, which translates into an IRR of 15% for a 4 year hold period. The tenant counter offers to pay $16/sqft/yr with $0/sqft in TIs. Estimate the IRR for the counter offer? Group of answer choices
14.88%
14.68%
14.78%
15.28%
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