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Using XLS create a rollover analysis for the following tenant Joes Pizza. Identify the four rollover costs for an assumed rollover next year of this
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Using XLS create a rollover analysis for the following tenant Joes Pizza. Identify the four rollover costs for an assumed rollover next year of this lease.
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Occupies 10,000 SF. Rent $20.00 SF for new and relet, Tenant pays NNN and opex is estimated at $2.00/SF, Lease term ends 13 months from now.
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New Tenant Improvements are $10.00 SF, 6% Leasing Commission for each year of new lease.
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Renewal Tenants Improvements are $1.00 SF, 3% Leasing Commission for each year of a renewal lease.
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Lease term 5 years.
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Downtime is 12 months
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Renewal probability 60%
Using XLS create a rollover analysis for the following tenant Joes Pizza. Identify the four rollover costs for an assumed rollover next year of this lease.
-
Occupies 10,000 SF. Rent $20.00 SF for new and relet, Tenant pays NNN and opex is estimated at $2.00/SF, Lease term ends 13 months from now.
-
New Tenant Improvements are $10.00 SF, 6% Leasing Commission for each year of new lease.
-
Renewal Tenants Improvements are $1.00 SF, 3% Leasing Commission for each year of a renewal lease.
-
Lease term 5 years.
-
Downtime is 12 months
-
Renewal probability 60%
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