An office building tenant has a gross lease on 10,000 square feet. The gross rent is $25 per sft Expenses in the base year are $2.00 per sft., in year two expenses are $3.00 per sft. How much rent is...

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An office building tenant has a gross lease on 10,000 square feet. The gross rent is $25 per sft Expenses in the base year are $2.00 per sft., in year two expenses are $3.00 per sft. How much rent is...

An office building tenant has a gross lease on 10,000 square feet. The gross rent is $25 per sft Expenses in the base year are $2.00 per sft., in year two expenses are $3.00 per sft. How much rent is due in year two?

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Answer 1

Answer #1

Gross lease covers all the expenses

rent is due in year two. =10000 *25 = 250000

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Answer 2

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An office building tenant has a gross lease on 10,000 square feet. The gross rent is $25 per sft Expenses in the base year are $2.00 per sft., in year two expenses are $3.00 per sft. How much rent is...

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Add Answer to: An office building tenant has a gross lease on 10,000 square feet. The gross rent is $25 per sft Expenses in the base year are $2.00 per sft., in year two expenses are $3.00 per sft. How much rent is...

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An office building tenant has a gross lease on 10,000 square feet. The gross rent is $25 per sft Expenses in the base year are $2.00 per sft., in year two expenses are $3.00 per sft. How much rent is...