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If a 50,000 SF office building has the following tenants: Tenant 100 - $4.25 per month rent/SF, 10,000 SF Tenant 101 - $4.50 per month
If a 50,000 SF office building has the following tenants:
Tenant 100 - $4.25 per month rent/SF, 10,000 SF
Tenant 101 - $4.50 per month rent/SF, 15,000 SF
Tenant 200 - $4.00 per month rent/SF, 25,000 SF
Vacancy/collection loss is 10%,
Expenses include:
Janitorial $15,000 per month
Utilities $5,000 per month
Security $10,000 per month
Management 5% of EGI
Trash $3,000 per month
Maintenance $12,000 per month
what is PGI
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