Exclusive Investment Offering: Condominium Interest - Transwestern
Exclusive Investment Offering: Condominium Interest - Transwestern
Exclusive Investment Offering: Condominium Interest - Transwestern
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74<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 StarNuts Gourmet<br />
Retail, Suite: 101-A<br />
2,256 SqFt<br />
23.77%<br />
$36.00<br />
$81,216<br />
Nov-2008<br />
Nov-2009<br />
$38.00<br />
$40.50<br />
Tenant shall reimburse 23.9%<br />
share of CAM, Insurance and<br />
Real Estate Taxes<br />
Nov-2005 to Oct-2010<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 predetermined rate<br />
Tenant to pay 5% of gross sales as a Percentage Rent. Please refer to Lease for Percentage Rent Base amount schedule.<br />
StarNuts Gourmet<br />
Option, Suite: 100<br />
2,256 SqFt<br />
23.77%<br />
$43.00<br />
$97,008<br />
Nov-2013<br />
Nov-2014<br />
$45.00<br />
$46.00<br />
Tenant shall reimburse 23.9%<br />
share of CAM, Insurance and Real<br />
Estate Taxes<br />
Nov-2010 to Oct-2015<br />
60 Months<br />
Following the current term,<br />
it is assumed that the tenant<br />
is exposed to Retail (0<br />
SF- 4,999 SF) market leasing<br />
assumptions.<br />
2 Vineyard 1,570 SqFt $41.50 Sep-2007 $42.75 Tenant shall reimburse 16.63%<br />
Retail 16.54% $65,155 Sep-2008 $44.03<br />
share of CAM, Insurance and Real<br />
Estate Taxes<br />
Sep-2006 to Aug-2011 Sep-2009 $45.35<br />
60 Months Sep-2010 $46.71<br />
Following the current term,<br />
it is assumed that the tenant<br />
is exercise its renewal<br />
option<br />
Tenant holds two 5-year renewal options. The rent on the first option is predetermined while the rent on the second option is FMV. The lease does not required percentage rent.<br />
Vineyard 1,570 SqFt $48.75 Sep-2012 $50.21 Tenant shall reimburse 16.63%<br />
share of CAM, Insurance and Real<br />
Option 16.54% $76,538 Sep-2013 $51.72 Following the current term,<br />
Estate Taxes<br />
it is assumed that the tenant<br />
is exposed to Retail (0<br />
Sep-2011 to Aug-2016 Sep-2014 $53.27<br />
60 Months Sep-2015 $54.87<br />
SF- 4,999 SF) market leasing<br />
assumptions.
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