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Agenda - Council - 04/09/2019
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Agenda - Council - 04/09/2019
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3/17/2025 2:27:29 PM
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4/22/2019 4:17:01 PM
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Meetings
Meeting Document Type
Agenda
Meeting Type
Council
Document Date
04/09/2019
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Income Approach -- continued <br />Rental Comparable #1 <br />-' • • <br />Rimi <br />• <br />it <br />iC <br />e <br />JJ <br />6845 Highway 10 <br />.. 1i1 i 4^ <br />+ltY <br />1113.e qyM WV AMM <br />l `�N" ! <br />Ramsey <br />l_ <br />Commercial/Auto use property <br />Rent Rate: $10.93 per SF, Net <br />P <br />.ay 111N.1 P.A. <br />• 1T1 M, f <br />i �. <br />Property Data <br />Address: <br />6845 Highway 10, Ramsey <br />Property Use: <br />Commercial/Auto <br />Tenancy: <br />Single <br />Site size: <br />155,074 SF <br />Land to Bldg Ratio (x to 1): <br />9.1 to 1 <br />Year Built / Effective Age: <br />1994 / E12 <br />Parking: <br />Adequate <br />Quality/Appeal: <br />Average <br />Condition: <br />Dated <br />GBA: <br />17,010 SF <br />Basement: <br />n/a <br />Comments: <br />Average appeal property in dated condition. <br />Rental Data <br />Tenant Size: <br />17,010 SF <br />Lease Rate per SF: <br />$10.93 per SF <br />Current/Pending/Listing: <br />Current <br />Lease Type: <br />Net <br />Lease Dates: <br />2018 - 2020 <br />Expenses per SF: $6.89 per SF <br />Source/Verification: <br />Rent Roll <br />Comments: <br />Current rent. <br />
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