29.09.2014 Views

Exclusive Investment Offering: Condominium Interest - Transwestern

Exclusive Investment Offering: Condominium Interest - Transwestern

Exclusive Investment Offering: Condominium Interest - Transwestern

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

44<br />

Rent Roll<br />

Tenant Name<br />

Type & Suite Number<br />

Lease Dates & Term<br />

Initial (11/07)<br />

Rate &<br />

Sq Ft Bldg<br />

Share<br />

Amount<br />

per Year Changes on Changes to<br />

Description of Operating<br />

Expense Reimbursements<br />

Imprvmnts<br />

Rate<br />

Amount<br />

Commssns<br />

Rate<br />

Amount<br />

Assumption about<br />

subsequent terms<br />

for this tenant<br />

1 Hollywood Video<br />

Retail, Suite: 101<br />

5,547 SqFt<br />

38.04%<br />

$33.00<br />

$183,051<br />

Apr-2011 $36.30 Tenant shall reimburse $15,930<br />

of CAM in 2008 with 5.00% annual<br />

increases. Tenant shall also<br />

Apr-2004 to Mar-2014<br />

reimburse 38.23% of insurance<br />

and real estate taxes and their<br />

120 Months<br />

submetered use of the water.<br />

Following the current<br />

term, it is assumed that<br />

the tenant is exposed to<br />

Retail (3,000SF & larger)<br />

market leasing assumptions.<br />

Tenant holds two 5-year renewal options at FMV with 9 months notice<br />

Tenant has right to terminate lease from and after April 2011.<br />

2 Hoangs, Inc<br />

Retail, Suite: 104<br />

Mar-2006 to Oct-2014<br />

3,149 SqFt<br />

21.59%<br />

$35.00<br />

$110,215<br />

Nov-2008<br />

Nov-2011<br />

$40.00<br />

$45.00<br />

Tenant shall reimburse 21.71%<br />

share of CAM, Insurance and<br />

Real Estate Taxes as well as their<br />

submetered use of the water.<br />

104 Months<br />

Following the current<br />

term, it is assumed that the<br />

tenant is exposed to Retail<br />

(3,000SF & larger) market<br />

leasing assumptions.<br />

Tenant holds one 5-year renewal option at FMV<br />

Tenant is to pay 6% of gross sales on Percentage Rent. Percentage Rent Base amount is equal to the minimum rent for the applicable lease year divided by the percentage rent rate.<br />

3 Impulsive<br />

Retail, Suite: 103<br />

Nov-2004 to Oct-2009<br />

1,362 SqFt<br />

9.34%<br />

$39.14<br />

$53,309<br />

Nov-2008 $40.31 Tenant shall reimburse 9.39%<br />

share of CAM, Insurance and<br />

Real Estate Taxes as well as their<br />

submetered use of the water.<br />

60 Months<br />

Following the current<br />

term, it is assumed that<br />

the tenant is exercise its<br />

renewal option.<br />

Tenant holds one 5-year renewal option at FMV<br />

Tenant is to pay 5% of gross sales. Percentage Rent Base amount is equal to the minimum rent for the applicable lease year divided by the percentage rent rate.<br />

Impulsive 1,362 SqFt $46.35 Nov-2010 $47.74 Tenant shall reimburse 9.39%<br />

$4.92 Following the current<br />

Option, Suite: 102 9.34% $63,129 Nov-2011 $49.17<br />

share of CAM, Insurance and<br />

term, it is assumed that<br />

2.00%<br />

Real Estate Taxes as well as their<br />

the tenant is exposed to<br />

Nov-2009 to Oct-2014 Nov-2012 $50.65 submetered use of the water.<br />

$6,703 Retail (0SF - 2,999SF) market<br />

60 Months Nov-2013 $52.17<br />

leasing<br />

assumptions.

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!