Real Estate Math
A Vermont commercial lease for 2,400 square feet at $18.00/SF/year NNN has additional CAM charges of $3.50/SF/year. What is the tenant's total annual occupancy cost?
A$43,200
B$51,600✓ Correct
C$52,200
D$46,200
Explanation
Base rent = 2,400 x $18.00 = $43,200.
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