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Question 4 10 pts A 14,000 square foot retail property just sold for $4.4 million....

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Question 4 10 pts A 14,000 square foot retail property just sold for $4.4 million. If the property is selling at a 7% cap rate with an absolute net lease (base rent NOI), then what is the rent per square foot? O $21.50 O $22.00 O $22.50 O $23.00 $23.50 10 Question 5

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