Your Team owns a small shopping center anchored by a 10,000 drug store plus ten one thousand square foot shops. The Team would like to put the center on the market since anchor tenanted small shops are in demand and selling for a 6 cap. The drug store's rent is $15.00 psf and shops are $18.00 psf. The shops are net to all real estate expenses. The drug store only contributes prorata to CAM. The real estate expenses are the same as for the apartment's. The capital escrow is less: $10,000 per year. Use a standard vacancy rate. What price can you sell the center for in today's market?