Consider the two following potential leases:

Lease $$A$$ : Term: $6$ years, Rent: $$25/$SF$,$ net, Concessions: $1$ year free rent, up front

Lease $$B$$ :Term: $8$ years, Rent: $$32/$SF$,$ net, Concessions: $2$ years free rent, up front

The landlord can borrow at a rate of $5\%$ and the tenant can borrow at a rate of $8\%.$

Note: Assume all cashflows$/$rent payments come at the END of the period.

What is effective rent of Lease A from the Landlord$$s perspective $($take TVM into account$)?$

Please enter answer in following format, $$10\mathrm{.}00,$ would be $10\mathrm{.}00,$ do not use $ signs.