Real Estate Math
A commercial tenant in Bellevue has a 2,500 sq ft office with a monthly rent of $4.25 per square foot plus CAM charges of $0.85/sq ft/month. What is the tenant's total monthly rent obligation?
A$10,625
B$12,750✓ Correct
C$11,000
D$13,250
Explanation
Base rent = 2,500 × $4.25 = $10,625.
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