Question
You own a building with 100,000 leasable square feet. One tenant rents 60,000 square feet and the other 40,000 square feet are vacant. The utilities
You own a building with 100,000 leasable square feet. One tenant rents 60,000 square feet and the other 40,000 square feet are vacant. The utilities bill for the year was $80,000. The fixed cost of utilities is $25,000 per year.
A new tenant enters the building and rents 10,000 square feet. What is the new utilities bill of the building?
The new tenant has a base stop of $0.80 per square foot. What are recoveries for utilities from this tenant?
Step by Step Solution
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Step: 1
To calculate the new utilities bill we need to consider the proportions of leased and vacant square ...
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
