Question

Assume an office building is 80,000 square feet and has two tenants-A for 60,000sf and B for 20,000sf. A’s base rent is $16.00psf and B’s base rent is $18.00psf. Assume further that the building generates parking income of $200,000 and signage income of $25,000 per year. Operating expenses for the entire building are $9.00psf. What is the Net Operating Income (NOI)?

Answer 1

Calculations o_ner Obexclimg_4mcome 07 Ner Operating - Amcome Guess നരണം - Operating Calculatiom 9 6140$s_Tocome:- - . Rent: Temnente A 60000sf x 816 Posof Temant B 20000sf x 318 p.s.f Parking Income diamose Income 0 0 Gross Income - $ 960.000 $ 360000 $ 200 000 $ 25000 $ 1545,000 Calculation operating Expenses = 90000 sf X $ 4p58 7 8720,000 Nero operating - $ 15,45,000- $ 120,000 Imiorme o $ 825,000

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