Street Address |
111 Huntington Avenue |
111 Huntington Avenue |
City, State Zip |
Boston, MA 02199 |
Boston, MA 02199 |
Property Level Report |
View report |
View report |
|
Building Class |
Class AA |
Class AA |
TI Allowance |
$0.00 per RSF |
$0.00 per RSF |
Lease Structure |
Net |
Net |
Lease Term |
72 months |
72 months |
Commencement Date |
02/01/2014 |
02/01/2014 |
Expiration Date |
01/31/2020 |
01/31/2020 |
|
Rentable Area |
25,000 SF |
25,000 SF |
Useable Area |
22,322 SF |
22,322 SF |
Load Factor |
12% |
12% |
|
Avg. Total Cost / rsf |
34.50
|
0.85
|
NPV of Total Cost / year / rsf |
36.6836.68
|
0.62
|
NPV of Total Cost / year / usf |
41.0841.08
|
0.69
|
Effective Rent |
46.3046.30
|
0.85
|
|
Avg. Monthly Base Rent |
71,87171,871
|
1,781
|
Avg. Monthly Occupancy Cost |
96,451
|
1,781
|
NPV of Total Cost Per Month |
76,422
|
1,285
|
|
Avg. Annual Base Rent |
862,455
|
21,372
|
Avg. Annual Occupancy Cost |
1,157,410
|
21,372
|
NPV of Total Cost Per Annum |
917,065
|
15,416
|
|
NPV of Base Rent @ 8.0% |
4,098,264
|
92,491
|
NPV of Total Cost @ 8.0% |
5,502,388
|
92,494
|
|
Total Base Rent |
5,174,728
|
128,231
|
Total Occupancy Cost |
6,944,462
|
128,231
|
Total Deal Cost |
6,944,462
|
128,231
|
Base Rent Schedule |
|
|
Year 1 |
32.00
|
-
|
Year 2 |
32.96
|
0.32
|
Year 3 |
33.95
|
0.66
|
Year 4 |
34.97
|
1.01
|
Year 5 |
36.02
|
1.38
|
Year 6 |
37.10
|
1.77
|
Avg. Base Rent |
34.50
|
0.85
|
Total Annual Cost |
|
|
Expenses & Credits |
-
|
-
|
Year 1 |
1,078,800
|
-
|
Year 2 |
1,109,050
|
8,000
|
Year 3 |
1,140,176
|
16,400
|
Year 4 |
1,172,204
|
25,215
|
Year 5 |
1,205,160
|
34,461
|
Year 6 |
1,239,071
|
44,155
|
Total Deal Cost |
6,944,462
|
128,231
|