Perspective
NNN deal — tenant pays OpEx on top of base rent. OpEx stack: 30-yr PILOT $3.00 PSF (12.5% of base + 2% admin) + CAM $0.70 + insurance $0.29 = $3.99 PSF, plus a management fee of 3% of gross receipts. Free rent abates base rent only (OpEx still payable) and can be split across SF tranches. Premises size is contested across rounds, so $/SF figures are the apples-to-apples comparison. ● = modified from the proposal as received. Edits live in this session only.
Levers drag or type — everything updates live
Where the money goes (total over term)
Lease-year breakdown
| Lease year | Base $/SF | Base rent | OpEx | Mgmt fee | Total | $/SF/yr |
|---|
Monthly schedule — full term
| Mo | Yr | Base $/SF | Free SF | Base rent | OpEx | Mgmt fee | Total |
|---|