Rentable Area 10,880 SF |
Useable Area 9,715 SF |
Load Factor 12% |
Lease Term 48 months |
Commencement Date 05/01/2013 |
Expiration Date 04/30/2017 |
Building Class Class B |
Lease Structure Full Service |
Total Deal Cost $1,593,125 |
NPV of Total Cost @ 8.0% $1,364,697 |
Key Lease Metrics | 1 | 2 | 3 | 4 | |
Period Ending | Average | 05/2014 | 05/2015 | 05/2016 | 05/2017 |
Months in Period | 12 | 12 | 12 | 12 | |
Base Rent per RSF | 36.61 | 35.00 | 36.05 | 37.13 | 38.25 |
Total Cost per RSF | 36.61 | 35.0035.00 | 36.0536.05 | 37.1337.13 | 38.2538.25 |
Average Monthly Cost | 33,190 | 31,733 31,733 | 32,685 32,685 | 33,666 33,666 | 34,676 34,676 |
Per Annum Total | 398,281 | 380,800 380,800 | 392,224 392,224 | 403,991 403,991 | 416,110 416,110 |
Cumulative Total | 380,800 380,800 | 773,024 773,024 | 1,177,015 1,177,015 | 1,593,125 1,593,125 |