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Change the Lease detail figures to resemble a new completed development using the following data. The vacancy and collections losses, by suite by year shown
Change the Lease detail figures to resemble a new completed development using the following data. The vacancy and collections losses, by suite by year shown in the table below, assume that Suite B and Suite D are preleased. Check Figure - NOI in Year 3 should be $1,190,892. Year/ Suite 1 2 3 4 5 6 7 8 9 10 11 A 40 20 10 10 10 10 10 10 10 10 10 B 6 6 6 6 6 6 30 8 8 8 8 C 50 25 10 10 10 10 10 10 10 10 10 D 6 6 6 6 6 6 6 6 6 6 6 For all Suites use a 2.5% Cost Growth Rate. Change the size of Suite A and Suite B to 25000 sq.ft. Suite A: $18 Contract Rent, $0 Expense Stop, 3% Rental Growth Rate. Suite B: $28 Contract Rent, $7 Expense Stop, 0% Rental Growth Rate, $33 Rental Rate starting year 7. Suite C: $15 Contract Rent, $0 Expense Stop, 3% Rental Growth Rate, 4.5% Sales Growth Rate, 3% of Sales above $3,000,000. Initial Sales estimated at $4,500,000. Suite D: $30 Contract Rent, $99 Expense Stop, 0% Rental Growth Rate, $15,000/yr in
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