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You are working on a cash flow pro - forma for a small office building in Charlotte, NC . The building is four stories tall,
You are working on a cash flow proforma for a small office building in Charlotte, NC The building is four stories tall, offering a total of square feet of rentable space. The two lower floors provide square feet of space that is currently occupied by a branch office of OMB bank. OMB's lease on the space expires in year You expect to receive a market rent of $sf whether OMB decides to renew their lease or they vacate and the space is leased to a new tenant. The two upper floors will be occupied in year by a tenant paying $sf for the space. What is the potential
The bank is expected to renew their lease with an probability and, if they do not renew, you estimate that it will take months to find a new tenant. What is the effective gross income for the property?
What is the expected occupancy rate for the property in the fourth year of your analysis?
The property owner is responsible for utilities. If the utility expense is $sf and fixed, what is the total amount paid by the property owner in year
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