Image transcription text You are considering the purchase of a small office building. The office

Image transcription text
You are considering the purchase of a small office building. The office building
specializes in offering facilities to small startup firms who are looking to avoid
long—term commitments while their businesses are growing. Tenant…
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What would be the total amount of space, in square feet, that a tenant occupying one of the smallest suites would have to pay rent on? Based on the information given, what is the market value of the building, in dollars? Based on this scenario, what is the investor’s pre-tax levered return expectation, in percent?