Question: Please answer Part b only. The answer to a) is $26.40. Use that information to answer part b The following is the net rent schedule

Please answer Part b only. The answer to a) is $26.40. Use that information to answer part b

  1. The following is the net rent schedule for a 16,000 SF tenant: The first 4 months are free rent, then 8 months at $24.00SF, 12 months at $26.00SF, 12 months at $28.00SF, 12 months at $30.00SF and then the final 12 months at $32.00SF.
    1. Utilizing the above assumptions, completing the per square foot Effective Rent Calculation equals_____
      1. $29.60
      2. $28.20
      3. $27.80
      4. $26.40

  1. (1pt) What would the effective rent be if the Landlord provided $54.00SF in Tenant Improvement (TIs) __________.

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