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Assume a warehouse building contains 600,000sf and there are two tenants. A has 350,000sf and rents...

Assume a warehouse building contains 600,000sf and there are two tenants. A has 350,000sf and rents for $3.00psf. B has 250,000 and rents the space for $4.50psf. Assuming a vacancy of 5% on total rent, what is the effective gross income?

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Answer #1

Solutions . Given that A-> 350,000 squt at $3.00/se/t . B-> 350,000 seyf at $4.5/8+ - Total income = {(Areax rate ) : 350,000

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