Property Information Glassy Knoll Ceramics Facility Age Of Improvement Rentable Space Single Tenant Financial Informati 1 (115.62 KiB) Viewed 24 times
a. Develop a pro forma statement for the Glassy KnollCeramicsproperty for a base year showing net operating income. (5 pts)
Property Information: GLASSY KNOLL CERAMICS FACILITY Age of Improvement Rentable Space Single Tenant Financial Information: Rent Recoverable Expenses from Tenant Operating Expenses Property Taxes Insurance Other Cash Outlays: Allowances for: Recurring CAPEX/Improve Allowance 15 years old 90,000 sq. ft. 10-year lease term, net, net $6.00 per sq. ft (5-year term), flat $1.00 per sq. ft., fixed $300,000 $20,000 $5,000 $40,000
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