This post originally appeared on tBL member Lynn Drake's blog Compass-Commercial Blog | Expert Commercial Leasing Advice and is republished with permission. Find out how to syndicate your content with theBrokerList.
As promised the following is an example of a completed financial summary for an industrial property. Please note utilities are not included because the office to warehouse ratio is usually different in most buildings and the ceiling height of the space can also make a big difference in the costs. The operating expenses include common area maintenance, taxes and insurance. If one wants construction the landlord isn’t willing to provide that costs should also appear in the first year cost.
This is a fairly simplistic model but it gives one idea on what a summary should look like.