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?
Homework Answers
Gross lease covers all the expenses
rent is due in year two. =10000 *25 = 250000
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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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