Question: Section 2 . Analysis Assume a broker has listed an , 8 0 , 0 0 0 square feet office property for $ 9 million

Section 2. Analysis
Assume a broker has listed an,80,000 square feet office property for $9 million at an advertised 6.0% cap rate in a small suburban market approximately 30 minutes northeast of Charleston, SC.
a. What is the price advertised in dollars per square feet? Show your work.
b. What is the net operating income (NOI)? Explain how you can arrive at the figure and show your work and answer.
Section 2 . Analysis Assume a broker has listed

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