A tenant has a gross lease with an expense stop of $2.50/SF. If the building has 200,000
Fantastic news! We've Found the answer you've been seeking!
Question:
A tenant has a gross lease with an expense stop of $2.50/SF. If the building has 200,000 SF of leasable space, reimbursable operating expenses of $750,000, and the tenant rents 25,000 SF, then how much does the tenant owe the landlord in expense reimbursements (the total $ amount)?
Related Book For
Real Estate Finance and Investments
ISBN: 978-0073377339
14th edition
Authors: William Brueggeman, Jeffrey Fisher
Posted Date: