A Texas office lease is structured as: base rent of $25/sq ft per year, NNN with estimated expenses of $8/sq ft per year. For a 2,000 sq ft space, what is the estimated total monthly rent?

Explanation

Total annual cost = ($25 + $8) × 2,000 sq ft = $33 × 2,000 = $66,000 per year. Monthly = $66,000 / 12 = $5,500. Wait: base rent alone = $25 × 2,000 = $50,000 ÷ 12 = $4,167/month. With NNN expenses: ($25+$8) × 2,000 = $66,000 ÷ 12 = $5,500/month. The answer depends on whether they ask for base only or total. The question says 'total monthly rent' so $5,500 is correct.