Assume the following for a floor in a multistory office building Total usable area 30,000 sq ft Total common area 6,000 sq ft total rentable area 36,000 sq ft Tenant A 's usable area 4,500 sq ft Tenant A 's annual rental rate is $22 per sq ft How much total rent does Tenant A pay per year ...

Tenant As total rent Tenant As ...

Assume the following for a floor in a multistory office building: Total usable area: 30,000 sq ft;

Fantastic news! We've Found the answer you've been seeking!

Question:

Assume the following for a floor in a multistory office building:

Total usable area: 30,000 sq ft;
Total common area: 6,000 sq ft;
total rentable area: 36,000 sq ft;
Tenant A's usable area: 4,500 sq ft.
Tenant A's annual rental rate is $22 per sq ft.

How much total rent does Tenant A pay per year?

Related Book For answer-question

Real Estate Finance and Investments

ISBN: 978-0073377339

14th edition

Authors: William Brueggeman, Jeffrey Fisher

See More Books

Posted Date: May 12, 2023 06:52 AM

See More Questions

Adams Manufacturing allocates overhead to production on the basis of direct labor costs At the beginning of the year Adams estimated total overhead of 396000 materials of 410000 and direct labor of...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
Which statements are true about the requires directive? (Choose two.) A. Changing it to a requires direct directive is always allowed. B. Changing it to a requires direct directive is never allowed....
An electron is shot directly toward the center of a large metal plate that has surface charge density 2.0 x 10-6 C/m2. If the initial kinetic energy of the electron is 1.60 x l0-17J and if the...
Owing in part to unprecedented controversy, the Financial Accounting Standards Board deliberated over ten years about the accounting for postretirement obligations other than pensions. The...
A stock dividend a. Decreases Common Stock b. Increases Retained Earnings c. Has no effect on total equity d. All of the above
Dominos Pizza L.L.C. operates pizza delivery and carryout restaurants. The annual report describes its business as follows: We offer a focused menu of high-quality, value-priced pizza with three...
what would be the GPI, net sales proceeds, and total annual cash flow for each year? Yr. 1 Yr. 2 Yr. 3 Yr. 4 Yr. 5 Yr. 6 Yr. 7 Yr. 8 Yr. 9 Contract Rent 114,30 0 135,900 135,90 135,90 135,900 135,90...
On January 1, 2023, Doone Corporation acquired 60 percent of the outstanding voting stock of Rockne Company for $300,000 consideration. At the acquisition date, the fair value of the 40 percent...
GIANTS, a sole trader extracted the following trial balance from her books at the close of business on 31st December, 2016: Purchases and sales Inventory 1 January, 2016 Capital 1 January, 2016 Bank...
In June 201 6, Walter bought 10 ,000 shares in Ovod plc at a cost of 7 per share. In September 2017 , Rundico plc made a takeover bid for Ovod plc, offering the Ovod shareholders eight Rundico shares...
Saeed made the following purchases of ordinary shares in Hyban plc: Date 24 August 1987 25 November 1992 26 February 1998 11 October 2007 No of shares 800 1,200 1,600 400 Cost 960 1,440 2,400 800 In...
In March 2010, Sean acquired a pair of matching antique silver candlesticks at a cost of 4,000. In August 2017 he sold one of the candlesticks to James for 6,750. At that time the other candlestick...
An individual has capital losses brought forward from previous years amounting to 4,800. Compute the individual's taxable gains for 2017-18 if total gains and losses for the year are as follows:...
In 2017-18, Ahmed has capital gains of 13 0,000 and allowable losses of 24,000. He also has capital losses brought forward of 4,700. Ahmed's taxable income for 2017-18 (after deduction of the...
Yummy Foods expects to have 53,000 pounds of raw materials inventory on hand on March 31, the end of the current year. The company budgets the following production (in units) for April through July,...
Floyd Distributors, Inc., provides a variety of auto parts to small local garages. Floyd purchases parts from manufacturers according to the EOQ model and then ships the parts from a regional...
What is the motivation for a sale-leaseback of the land?
An interest only mortgage is made for $80,000 at 10 percent interest for 10 years. The lender and borrower agree that monthly payments will be constant and will require no loan amortization. a. What...
Sammies Club wants to buy a 320,000-square-foot distribution facility on the northern edge of a large midwestern city. The subject facility is presently renting for $4 per square foot. Based on...
The state of stress stress at a critical point on a thin steel shell is shown. Determine if yielding has occurred using the maximum distortion energy theory. The yield stress for the steel is...
The state of strain at the point on the bracket has components of $\epsilon_{x}=350\left(10^{-6} ight), \quad \epsilon_{y}=-860\left(10^{-6} ight)$, $\gamma_{x y}=250\left(10^{-6} ight)$. Use the...
The state of strain at the point on the bracket has components of $\epsilon_{x}=-130\left(10^{-6} ight), \quad \epsilon_{y}=280\left(10^{-6} ight)$, $\gamma_{x y}=75\left(10^{-6} ight)$. Use the...

Assume the following for a floor in a multistory office building: Total usable area: 30,000 sq ft;

Question:

Expert Answer:

Tenant As total rent Tenant As ... View the full answer

Real Estate Finance and Investments

Students also viewed these finance questions