Question: A tenant wants another $ 6 0 , 0 0 0 in TI work completed on a 1 0 , 0 0 0 SF space.

A tenant wants another $60,000 in TI work completed on a 10,000 SF space. The rental rate for the space is $10 PSF as-is. Assuming the TI work has a depreciable life of 10 years, the Landlord may amortize the additional cost by 10 years resulting in an annual amortized expense of?

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