Real Estate Math
A Vermont commercial property has 5,000 SF leased at $20/SF/year. CAM charges are $4/SF/year. What is the tenant's annual total rent obligation?
A$100,000
B$108,000
C$120,000✓ Correct
D$96,000
Explanation
Base rent = 5,000 x $20 = $100,000. CAM = 5,000 x $4 = $20,000.
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