06/28/2010

ADS5-11739


Identification Data
Date of Lease03/01/1993
Use Code 550 Strip Commercial
StatusSurvey
BuildingIncome and Expense Comparable
Zone-CorridorSoutheast Tulsa
AddressIncome and Expense Comparable
CityTulsa
CountyTulsa
StateOK
Number Of Stories1
Year Built1984
ClassC Masonry
ConditionAverage
QualityAverage
 
End CapNo
Drive ThruNo
CraneNo
Dock High DoorsYes
H.D. PowerNo
SprinklerYes
Security FenceNo
RailNo
Economics
HeatTenant
Insurance Tenant
External Maintenance Tenant
Internal Maintenance Tenant
RoofTenant
PowerTenant
TaxTenant
WaterTenant
Credit and Verification
By Lessor
WithInspection
Date03/01/1993
Submitting Office GCA
PersonAdam Adwon
CreditedADS
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 $9.45100%$9.24100%
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%
_____ _____
Total Oper. Expenses $2.59 27.4%$2.21 23.9%
_____ _____
Net Operating Income $6.86 72.6%$7.03 76.1%

Restricted Comments
More detailed 1989, 1990 and 1991 income and expense information is in the ADS files.

Appraisal Data Services, Inc. disclaims all guarantees and warranties expressed or implied as to
accuracy, completeness, reliability or otherwise of the above data, and shall be indemnified by each user
from all liability whatever arising from his/her use or reliance on the data.

Copyright © 06/28/2010