Real Estate Math
A Wisconsin commercial space is 4,500 square feet. The tenant pays $18/sq ft base rent plus $6/sq ft NNN charges. What is the total annual rent?
A$97,000
B$100,000
C$108,000✓ Correct
D$91,800
Explanation
Total rent per sq ft = $18 + $6 = $24. Annual rent = 4,500 × $24 = $108,000.
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