Real Estate Math
A Columbia, SC building has 10,000 sq ft of office space with a base rent of $18/sq ft/year. What is the annual base rent?
A$158,000
B$168,000
C$180,000✓ Correct
D$185,000
Explanation
Annual base rent = 10,000 sq ft × $18/sq ft = $180,000. Using the values given ($18), apply the appropriate formula..
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