West Covina Westfield occ. cost projection 9-29-11

West Covina - Occupancy Cost Projection Westfield West Covina Mall Holica(Cielo Jeans USA Inc Landlord's initial proposal of 4,056 Sq Ft Per S.F

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Occupancy Cost Projection Westfield West Covina Mall Holica (Cielo Jeans USA, Inc.) Landlord's initial proposal of 9/23/11 4,056 Sq. Ft. Per S.F. Min. Rent Total Exps. Gross Rent Per s.f. Per s.f. Per Year Per Month Per Yr. Per Mo. Per Yr. Per Mo. Per Yr. per yr. Per Mo. per mo. Min. Rent $30.08 $2.51 Yr. 1 $122,000 $10,167 $131,464 $10,955 $253,464 $62.49 $21,122 $5.21 CAM 24.12 2.01 Yr. 2 125,660 10,472 137,268 11,439 262,928 64.82 21,911 5.40 R.E. Tax 6.00 0.50 Yr. 3 129,430 10,786 143,348 11,946 272,778 67.25 22,731 5.60 Marketing 2.10 0.18 Yr. 4 133,313 11,109 149,717 12,476 283,030 69.78 23,586 5.82 Fire Detec. 0.09 0.01 Yr. 5 137,312 11,443 156,389 13,032 293,701 72.41 24,475 6.03 Water/swr. 0.10 0.01 Total/Avg. $647,715 $10,795 $718,187 $11,970 $1,365,902 $67.35 $22,765 $5.61 Yr. 1 Gross Rent $62.49 $5.21 Assumptions Rent starts 6/1/12 and increases 3% per year, beginning 6/1/13 R.E.Tax increases 2% per year Electricity and trash are billed separately (not included)
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This note was uploaded on 02/28/2012 for the course BUSINESS 101 taught by Professor Smith during the Spring '08 term at UCLA.

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