Real Estate Math
A NH commercial property with 8,500 sq ft rents at $18/sq ft/year (NNN). What is the annual base rent?
A$153,000✓ Correct
B$102,000
C$170,000
D$127,500
Explanation
Annual base rent = 8,500 sq ft × $18/sq ft = $153,000. Using the values given ($18), apply the appropriate formula.. The correct answer is $153,000.. This is a common calculation on the New Hampshire real estate exam.
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