A tenant is considering 5-year gross lease, starting at $320/m2 in arears, with step-ups of $5 each

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A tenant is considering 5-year gross lease, starting at $320/m2 in arears, with step-ups of $5 each year. Operating expenses are 20% of rent. What is the effective rent to the tenant?

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Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

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Posted Date: Jun 02, 2023 03:00 AM

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A tenant is considering 5-year gross lease, starting at $320/m2 in arears, with step-ups of $5 each

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To calculate the effective rent to the tenant we need to consider the base rent stepups and operatin... View the full answer

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