You are a public accountant for several wealthy individuals who have major real estate holdings, including a
Question:
You are a public accountant for several wealthy individuals who have major real estate holdings, including a couple who owns a mall in Brentwood, Tennessee. A major retailer has just moved out of the mall, and you are looking for a new retailer to take its place. The proposed lease offers from the interested retailers were due yesterday. Below is a review of their lease proposals.
Propose lease contente Coriton Stores Pensays Sandies Shops
Monthly rent received $ 75,000 $95,000 No proposal
Length of Lease 30 Years 20 Years
Cost of needed changes
( cost to be paid by company
providing the lease)
make a short paragraph explaining the rent and maintenance costs
Entrepreneurship Successfully Launching New Ventures
ISBN: 9780132555524
4th Edition
Authors: Bruce R. Barringer, R. Duane Ireland