Professional Documents
Culture Documents
Income:
Rent
Shoppes TICAM
288
348
62.64
285.36 3.96333333333333
Notice Address FedEx/UPS
No
No
No
No
No
No
No
Rents $ 181,920,000
Shoppes TICAM $ -
Total Projected Income $ 181,920,000
R&M $ 1,000,000
Landscaping $ 1,200,000
Cleaning $ 15,000,000
EPM (Electric & Water) $ 18,300,000
Internet $ 3,120,000
Trash $ 200,000
Insurance $ 3,400,000
Real Estate Taxes $ 11,500,000
Managemeent (5% of Gross) $ 11,370,000
Total Projected Expenses $ 65,090,000
%
October 1, 2018 September 10, 2018 183 3.64%
October 2, 2018 September 11, 2018 183 3.64%
775 15.42%
872 17.35%
840 16.71%
785 15.62%
1388 27.62%
5026 100%
USD
$ 60,640
$ -
$ 60,640
$ 333
$ 400
$ 5,000
$ 6,100
$ 1,040
$ 67
$ 1,133
$ 3,833
$ 3,790
$ 21,697
$ 38,943
Existing Lease
Rent Monthly Rent Ann PSF Rent
Options Expiration
1 September 10, 2019 $ 1,180,000 $ 14,160,000 $ 77,377
1 September 10, 2019 $ 1,180,000 $ 14,160,000 $ 77,377
$ 1,800,000 $ 21,600,000 $ 27,871
$ 2,200,000 $ 26,400,000 $ 30,275
$ 2,500,000 $ 30,000,000 $ 35,714
$ 2,500,000 $ 30,000,000 $ 38,217
$ 3,800,000 $ 45,600,000 $ 32,853
$ 15,160,000 $ 181,920,000 $ 36,196
Shoppe Average PSF: $ 34,639.69
Amount
Rent
of Rent
Reimbursables Total Monthly Increase Sec Deposit
Increase
s
s
$ 1,180,000.00 Yes See Tab $ 1,100,000.00
$ 1,180,000.00 Yes See Tab $ 1,100,000.00
$ 1,800,000.00 Yes See Tab $ -
$ 2,200,000.00 Yes See Tab $ -
$ 2,500,000.00 Yes See Tab $ -
$ 2,500,000.00 Yes See Tab $ -
$ 3,800,000.00 Yes See Tab $ -
$ 15,160,000.00 $ 2,200,000.00
Applicable SF
Dumpster & Trash Can $ 200,000 5,026
Internet $ 3,120,000 4,660
EPM (Electric & Water) $ 18,300,000 4,660
Building & Lighting R&M $ 1,000,000 5,026
Landscaping $ 1,200,000 5,026
Cleaning $ 15,000,000 4,660
Management Fees $ 11,370,000 5,026
RET $ 11,500,000 5,026
Insurance $ 3,400,000 4,660
$ 65,090,000
Administrative Fee
Total Due for 2016
Total Due to LL
USD
R&M $ 1,000,000 $ 357.14 Includes: Roof, & Pylon Repairs (if you se
Landscaping $ 1,200,000 $ 428.57
Cleaning $ 15,000,000 $ 5,357.14
EPM (Electric & Water) $ 18,300,000 $ 6,535.71
RET $ 11,500,000 $ 4,107.14
Mgmt Fee $ 11,370,000 $ 4,060.71
Insurance $ 3,400,000 $ 1,214.29
Internet $ 3,120,000 $ 1,114.29
Trash $ 200,000 $ 71.43 **tenants will argue the trash billings. Re
TOTAL $ 65,090,000 $ 23,246.43
Medellin Travels Coffee Shop 201 202 301
183 183 775 872 840
$ 7,282 $ 7,282 $ 30,840 $ 34,700 $ 33,426
$ - $ - $ 518,884 $ 583,828 $ 562,403
$ - $ - $ 3,043,455 $ 3,424,378 $ 3,298,712
$ 36,411 $ 36,411 $ 154,198 $ 173,498 $ 167,131
$ 43,693 $ 43,693 $ 185,038 $ 208,197 $ 200,557
$ - $ - $ 2,494,635 $ 2,806,867 $ 2,703,863
$ 413,989 $ 413,989 $ 1,753,233 $ 1,972,670 $ 1,900,279
$ 418,723 $ 418,723 $ 1,773,279 $ 1,995,225 $ 1,922,006
$ - $ - $ 565,451 $ 636,223 $ 612,876
$ 920,097 $ 920,097 $ 10,519,013 $ 11,835,586 $ 11,401,252
s: Roof, & Pylon Repairs (if you seprate line item them the smaller tenants will argue each repair)
nts will argue the trash billings. Remind them they pay their own but still have to pay towards the overall center
302 401 Total GLA
785 1388 5026
$ 31,238 $ 55,233
$ 525,579 $ 929,305
$ 3,082,725 $ 5,450,730
$ 156,188 $ 276,164
$ 187,425 $ 331,397
$ 2,526,824 $ 4,467,811
$ 1,775,856 $ 3,139,984
$ 1,796,160 $ 3,175,885
$ 572,747 $ 1,012,704
$ 10,654,742 $ 18,839,212 $ 65,090,000
n/a n/a
10,654,742 18,839,212
10,654,742 18,839,212
Formula for everything except Water and Trash
Items cost multiplied by (Tenant's GLA/Applicable SF) or B*(GLA/C)
overall center
icable SF) or B*(GLA/C)
Medellin Travels
Year PSF Annual Monthly
10/1/2018 $ 77,377 $ 14,160,000 $ 1,180,000
10/1/2019 $ 78,925 $ 14,443,200 $ 1,203,600
10/1/2020 $ 80,503 $ 14,732,064 $ 1,227,672
10/1/2021 $ 82,113 $ 15,026,705 $ 1,252,225
10/1/2022 $ 83,755 $ 15,327,239 $ 1,277,270
10/1/2023 $ 85,431 $ 15,633,784 $ 1,302,815
Coffee Shop
Year PSF Annual Monthly
10/1/2018 $ 72,131 $ 13,200,000 $ 1,100,000
10/1/2019 $ 73,574 $ 13,464,000 $ 1,122,000
10/1/2020 $ 75,045 $ 13,733,280 $ 1,144,440
10/1/2021 $ 76,546 $ 14,007,946 $ 1,167,329
10/1/2022 $ 78,077 $ 14,288,105 $ 1,190,675
10/1/2023 $ 79,639 $ 14,573,867 $ 1,214,489
Annual CAM Monthly CAM
$ 920,097 $ 76,675
$ 938,499 $ 78,208
$ 957,269 $ 79,772
$ 976,415 $ 81,368
$ 995,943 $ 82,995
$ 1,015,862 $ 84,655