Identification Data |
Date of Lease | 03/01/1993 | Use Code | 550 Strip Commercial | Status | Survey |
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Building | Income and Expense Comparable | Zone-Corridor | Southeast Tulsa | Address | Income and Expense Comparable | City | Tulsa | County | Tulsa | State | OK |
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Class | C Masonry | Condition | Average | Quality | Average |
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Crane | No | Dock High Doors | Yes | H.D. Power | No |
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Sprinkler | Yes | Security Fence | No | Rail | No |
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Economics |
Heat | | Tenant | Insurance | | Tenant | External Maintenance | | Tenant | Internal Maintenance | | Tenant |
Roof | | Tenant | Power | | Tenant | Tax | | Tenant | Water | | Tenant |
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Credit and Verification |
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Submitting Office | GCA | Person | Adam Adwon |
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General Comments |
Below is income and expense information on this modern suburban strip shopping center.
| Actual | | Projected
| | 1992 | | 1993
| | /SF % | EGI | /SF | % EGI
| Total Revenue
| Base rent | $8.54 | | $8.31 |
| CAM Reimbursements | $0.91 | | $0.93 |
| Total Revenue | $9.45 | 100% | $9.24 | 100%
| Operating Expenses
| Real Estate Taxes | $0.57 | 6.1% | $0.56 | 6.1%
| Insurance | $0.13 | 1.4% | $0.08 | 0.8%
| Casual Labor | $0.15 | 1.6% | $0.14 | 1.6%
| Bldg. Maintenance | $0.33 | 3.4% | $0.24 | 2.6%
| Parking Lot | $0.14 | 1.5% | $0.06 | 0.7%
| Landscaping | $0.15 | 1.6% | $0.16 | 1.7%
| Utilities | $0.28 | 3.0% | $0.28 | 3.0%
| Trash Hauling | $0.24 | 2.5% | $0.22 | 2.4%
| Management | $0.42 | 4.5% | $0.42 | 4.6%
| Other Maintenance | $0.00 | 0.0% | $0.00 | 0.0%
| Legal | $0.00 | 0.0% | $0.00 | 0.0%
| Miscellaneous | $0.17 | 1.8% | $0.05 | 0.5%
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| Total Oper. Expenses | $2.59 | 27.4% | $2.21 | 23.9%
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| Net Operating Income | $6.86 | 72.6% | $7.03 | 76.1%
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Restricted Comments |
More detailed 1989, 1990 and 1991 income and expense information is in the ADS files. |
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