Question Assignment description
Help me figure out expense cease excel components for this drawback. Beginning expense figure is ($490,00zero.00). 70000 SF is leased to A for $38 per sq. foot for the subsequent 15 years. Hire will improve by 2% per 12 months and there are expense stops of $eight.25 per sq. foot. 30000 SF is leased to B for $36 per sq. foot for the subsequent three years with no lease will increase. At the top of three years B will vacate the house and it’ll take 9 months to lease the house at which era the market lease is challenge to be $42 per sq. foot with annual will increase of three%. The lease time period on this house is 10 years and the emptiness and credit score loss on this house is three%. Workplace bills for all tenants are $7.00 per sq. foot and improve by three% per 12 months.
