| Street Address |
1255 Schmidt Road |
1255 Schmidt Road |
| City, State Zip |
Romeoville, IL 60446 |
Romeoville, IL 60446 |
| Property Level Report |
View report |
View report |
| |
| Building Class |
Class A |
Class A |
| TI Allowance |
$3.50 per RSF |
$5.00 per RSF |
| Lease Structure |
Modified Gross |
Modified Gross |
| Lease Term |
60 months |
60 months |
| Commencement Date |
05/07/2013 |
05/07/2013 |
| Concessions / Incentives |
|
3 months free rent |
| |
| Rentable Area |
124,800 SF |
124,800 SF |
| |
| Avg. Total Cost / rsf |
2.86
|
0.24
|
| NPV of Total Cost / year / rsf |
3.793.79
|
0.22
|
| Effective Rent |
3.893.89
|
0.54
|
| |
| Avg. Monthly Base Rent |
29,76729,767
|
2,460
|
| Avg. Monthly Occupancy Cost |
47,767
|
2,460
|
| NPV of Total Cost Per Month |
39,378
|
2,262
|
| |
| Avg. Annual Base Rent |
357,205
|
29,525
|
| Avg. Annual Occupancy Cost |
573,206
|
29,525
|
| NPV of Total Cost Per Annum |
472,535
|
27,141
|
| |
| NPV of Base Rent @ 8.0% |
1,473,204
|
135,705
|
| NPV of Total Cost @ 8.0% |
2,362,674
|
135,706
|
| |
| Total Base Rent |
1,786,027
|
147,626
|
| Total Occupancy Cost |
2,866,032
|
147,626
|
| Total Deal Cost |
2,866,032
|
147,626
|
| Base Rent Schedule |
|
|
| Year 1 |
2.75
|
0.76
|
| Year 2 |
2.81
|
0.10
|
| Year 3 |
2.86
|
0.10
|
| Year 4 |
2.92
|
0.11
|
| Year 5 |
2.98
|
0.11
|
| Avg. Base Rent |
2.86
|
0.24
|
| Total Annual Cost |
|
|
| Expenses & Credits |
-
|
-
|
| Year 1 |
546,624
|
95,160
|
| Year 2 |
559,591
|
12,730
|
| Year 3 |
572,878
|
12,984
|
| Year 4 |
586,493
|
13,244
|
| Year 5 |
600,446
|
13,509
|
| Total Deal Cost |
2,866,032
|
147,626
|
