What is the expected potential gross income for the building

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Question: The information presented here applies to questions 1, 2, and 3.] You own an industrial building offering 25,000 square feet of rentable space that is occupied by a single tenant. The tenant's current lease expires in two years and you're trying to estimate NOI for the third year of ownership. You expect to receive the market rent in year 3, $12.73/sf, whether the tenant decides to renew or vacate. What is the expected potential gross income for the building in year 3?

Reference no: EM133377549

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