Skip to main content

Retail space estimating

An urban area that serves as the catchment area for a proposed retail center with a population density of 60 persons per acre in 1500 acres will require a sales volume of $95 per square foot of leasable area to be profitable. If the average personal consumption expenditure per person is $300 within this catchment area, what is the maximum gross leasable area that is supportable?
A. 28,500 sf
B. 165,000 sf
C. 284,211 sf
D. 265,648 sf

AnswerC. 284,211 sf (1500 x 60 x $300 / $95)

ARE 4.0 exam prep: PPP

*updated

Comments

Post a Comment

Try These Too!

Structural forces

Choose a term that best identifies the type of force shown in this diagram - A. collinear B. concurrent C. nonconcurrent D. noncoplanar
Post a Comment
See the answer »

Roof pitch

Which one of the following slopes in this illustration corresponds with an 8:12 pitch roof? A. 45° B. 36.87° C. 33.69° D. 26.57°
Post a Comment
See the answer »

Bolted connections

What is the minimum spacing of bolts specified by AISC? and preferred spacing? A. 1 1/4 times the diameter of the bolt; 2 times preferred B. 1 3/4 times the diameter of the bolt; 2 1/4 times preferred C. 2 1/3 times the diameter of the bolt; 2 2/3 times preferred D. 2 2/3 times the diameter of the bolt; 3 times preferred E. 3 times the diameter of the bolt; 3.25 times preferred
Post a Comment
See the answer »