348-Turnpike-Street-Canton-OM
RENT ROLL
TENANT
TERM
SQ FT
DATE ANNUAL RENT RENT / SF REIMBURSEMENT
NOTES
NEW ENGLAND ABATEMENT RESOURCES, INC. (INDUSTRIAL SAFETY & RESCUE)
Option to extend two (2) lease years at market rent. (Currently exercising Option until 4/30/2020).
5/1/13 - 4/30/18
4,433
5/1/16
$40,200
$9.07 PSF
Gross + Utilities
BOSTON RHYTHMIC - ORIGINAL
Tenant has the option to extend their lease for three (3) additional five (5) year terms at market rent.
7/1/16 - 6/30/21
5,000
$30,000 $35,000
$6.00 PSF $7.00 PSF
NNN
7/1/19
BOSTON RHYTHMIC - EXPANSION
Tenant has the option to extend their lease for three (3) additional five (5) year terms at market rent.
3/1/18 - 2/28/23
7,582
$53,074
$7.00 PSF
NNN
VANITY WORLD
Tenant reimburses $1.00 per square foot of Operating Expenses.
3/1/18 - 2/28/23
10,000
$60,000
$6.00 PSF
Modified Gross
VACANT
12,085
TOTAL OCCUPIED 27,015 69% TOTAL VACANT 12,085 31%
TOTAL BUILDING (SQ FT) 39,100 100%
ASSUMPTIONS
GENERAL ASSUMPTIONS
MARKET LEASING ASSUMPTIONS
LEASING & CAPITAL COSTS
Reporting Start Date: Vacancy Allowance: Expense Growth Rate:
11/01/18
Market Rent:
$8.00 / SF
Tenant Improvements: Leasing Commissions: Replacement Reserves:
$5.00 / SF
5.00% 3.00%
Annual Increases:
3% increase
4%
Lease Type:
NNN
$0.15 / SF / year
Term:
5 Years
Renewal Probability:
75%
Downtime:
6 Months
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