Options/renewals and Tenant allowance is based on tenants credit and financial references.
Convenient retail that brings you back everyday.
Lease rates vary depending on market and size of pad or space leasing:
These rental rates are very conservative and could be 15% more depending on location and size of store.
Term of leases and options vary depending on market.
Percentage rent vary but average 4% of natural break point
There will be up to 20 stores but this projection leaves out EDC 19 and EDC 20. First Watch and Smoothie King/ we could for example include.
TOTAL GLA 150,000 SF +/- depending on market and store design.
Special things we offer our tenants which we consider the customer!
All tenants have exclusivity for primary business.
12 uses at EDC (18 tenants)
Average term 10+/- years
Average annual increase 3% varies
CAM and any fees on top of land lease will be in the lease with the developer. Cam will average $7 PSF
Revenue from charging stations.
Partnerships with Uber/Uber eats/Lyft
Solar power LED lights for parking area
Cell tower (Tree design)
Police Substation on site if applicable
TOTAL ANNUAL NOI BTCF = $2,500,000 USD YEAR 1
All tenants are leasing the pad/land they utilize.
These spaces below will be delivered vanilla box to tenant.
Dental, Pet Groomer, Eyes, Cleaners, Hair Cut, Waxing/Nail Salon and multi tenant quick service restaurants.
Construction cost ground up $5M to $15M+/- markets vary $100+/- PSF for QSR
Land acquisition vary depending on market. $10M+/-
|USE:||TERM:||What it needs to have:|
|Grocery store||20||Bakery/Pharmacy/Coffee/Medical clinic |
|Health & Fitness||20||Pool and basketball|
|Bank||15||2 lane drive thru |
|Gas Station||15||Car wash and charging stations|
|Fast Casual||10||Multi Tenant building/Food Hall|
|Lunch & Dinner||10||Bar, and outdoor seating|
|Cleaners||10||Drop off only|
|Dog Groomer||10||No boarding|