Original to Final Terms Comparison

Crossroads 2 - Final
SIGNED LEASE
1255 Schmidt Road
Romeoville, IL 60446
Rentable Area
124,800 SF
Lease Term
60 months
Commencement Date
05/07/2013
TI Allowance
$5.00 per RSF
Landlord
Duke Realty
Building Class
Class A
Dock description
16 Dock doors (9' x10')
Lease Structure
Modified Gross
Power
2,500 amps; 480 volt; 3-phase
Concessions / Incentives
3 months free rent
Column Spacing
40' x 40' column spacing
Sprinklers
ESFR sprinkler system
Total Deal Cost
$2,718,406
NPV of Total Cost @ 8.0%
$2,226,968
Other notes
Other notes go here.
Key Lease Metrics 1 2 3 4 5
Period Ending Average 05/2014 05/2015 05/2016 05/2017 05/2018
Months in Period 12 12 12 12 12
Base Rent per RSF 2.63 1.99 2.70 2.76 2.81 2.87
Expenses per RSF 1.73 1.63 1.68 1.73 1.78 1.83
Total Cost per RSF 4.36 3.623.62 4.384.38 4.494.49 4.594.59 4.704.70
Average Monthly Cost 45,307 37,622 37,622 45,572 45,572 46,658 46,658 47,771 47,771 48,911 48,911
Per Annum Total 543,681 451,464 451,464 546,861 546,861 559,894 559,894 573,250 573,250 586,937 586,937
Cumulative Total   451,464 451,464 998,325 998,325 1,558,219 1,558,219 2,131,468 2,131,468 2,718,406 2,718,406
Annual Financial Detail 1 2 3 4 5
Period Ending Average 05/2014 05/2015 05/2016 05/2017 05/2018
Base Rent 344,216 330,720330,720 337,334337,334 344,081344,081 350,963350,963 357,982357,982
Rent Abatement (16,536) (82,680)(82,680)
Total Rent 327,680 248,040248,040 337,334337,334 344,081344,081 350,963350,963 357,982357,982
             
Expenses            
Property Taxes 139,142 131,040131,040 134,971134,971 139,020139,020 143,191143,191 147,487147,487
CAM & Mgmt Fee 76,859 72,38472,384 74,55674,556 76,79276,792 79,09679,096 81,46981,469
Total Expenses 216,001 203,424203,424 209,527209,527 215,813215,813 222,287222,287 228,956228,956
Expenses and Credits 0 1 2 3 4 5
Landlord Credits            
TI Allowance (624,000)          
Tenant Cash Outlay            
Buildout Expense 624,000          
Total Expenses & Credits