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Calculate the NOI of a property

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Question - Calculate the NOI of a property based upon the information provided below:

Building area: 15,000 sqft

Average base rents: $27.50 psf

NNN recoveries: $4.00 psf

Vacancy rate: 5.0%

Operating expenses $4.30 psf

Percentage rent $6,000 per year

Concessions 3.0%

Annual debt service $210,000 per year

Reference no: EM133026537

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