Laserfiche WebLink
Attachment 3 Cont d <br />Comparable Rent Array <br />$17,645 <br />Insurance <br />Item <br />Overall Comparison <br />Market Condition Adjusted$/SF/Month <br />2 <br />Superior <br />$0.94 <br />4 <br />Superior <br />$0.92 <br />3 <br />Superior <br />$0.91 <br />5 <br />Superior <br />$0.90 <br />1 <br />Superior <br />$0.88 <br />Subject Property <br />Inferior <br />Concluded Market Lease Terms <br />$0.83 <br />Market Rent Lease Term <br />Space Type SF Rent Measure Escalations Lease Type (Mos.) <br />Industrial 10,454 $0.87 $/SF/Mo. 3% per year Gross 60 <br />Operating History and Projections <br />W. <br />Income <br />Base Rent $109,140 <br />Vacancy & Collection Loss @ 5.0% -5,457 <br />Effective Gross Income $103,683 <br />Expenses <br />Real Estate Taxes <br />$17,645 <br />Insurance <br />2,614 <br />Structural Repairs/Maintenance <br />1,045 <br />Management <br />5,184 <br />Total Expenses <br />$26,488 <br />Net Operating Income <br />$77,195 <br />Operating Expense Ratio 25.5% <br />`IRR projected income Is the total potential income attributable to <br />the property before deduction ofvaca ncy and collection loss. <br />75D-27 <br />