Real Estate Math
A South Carolina commercial tenant leases 4,500 sq ft at $18 per sq ft annually (NNN). Monthly base rent is:
A$6,750✓ Correct
B$67,500
C$5,400
D$81,000
Explanation
Annual base rent = 4,500 × $18 = $81,000. Monthly base rent = $81,000 / 12 = $6,750.
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