Zoning: C-1
CURRENT TENANTS:
• First floor--Unoccupied
• Stryker Brown Architects – second floor
• Rhonda Bazil, Esq – second floor (space sub-leased)
PREVIOUS TENANT DETAILS:
• William Wesson, DDS – first floor
• Lease Expires: Expired
• Previous Rent: $7,255 month or $87,060 year (2008)
• Total Sq Ft: 2,011 sq ft office space, 66 sq ft of storage
• Rent $/per Office Sq Ft: $43.29
• Rent included storage space in the basement and two designated parking spaces
TENANT DETAILS:
• Stryker Brown (including sub-leased space) – second floor
• Lease Expires: March 31, 2011
• Current Rent: $8,300 month or $99,600 year
• Total Sq Ft: 2,232 sq ft office space
• Rent $/per Office Sq Ft: $44.62
• Rent Increase:4/1/2007 – based on 2.8% C.P.I will
increase beginning of option period 4/1/2008 based on fair market rent
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Lessor Pays:
- Insurance
- Building Maintenance (Not unit maintenance)
- Property Taxes
- Gas*
- Water*
- Sewer*
- Trash*
- Snow Removal
*said items are paid for by Lessor if within historical and reasonable limits
Lessee Pays:
- Electricity
- Telephone
- TV
GROSS INCOME: $184,307.97 (2008)
TOTAL OPERATING COST: $48,333.15 (2008)
OTHER EXPENSES: $2,424.00 (2008)
NET INCOME: $133,550.82 (2008)
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