Complete pro forma for NOI. (Please show Excel)

Commercial Complex 4 tenants Property will be held for 5 years

Tenant	Lease Type	Size	Current Lease Rate	Rent Growth	CAM
Bank	NNN	Outparcel	$85,250/yr	2.15%
Retailer	Percentage	3,125	$4.50/ sq ft Plus 4.55% revenue	Tenant revenue is expected to grow at 2.5% per year Year 1 Revenues are $310,000	Limited to $2.75 per sq foot Pro rata on sq feet
Office		9,600	$21.00/ sq ft	CPI	None
Office		4,375	$22.50/ sq ft	CPI	Limited to $5.25 per sq foot Pro rata on sq feet

OP EX Category	Cost	Growth Rate
Utilities	$3.25 per sq ft	2.85% per year
Taxes	$11,627 per year	2.75% per year
Insurance	$2.75 per sq ft	2.0% per year
Maintenance	$3.15 per sq ft	3.15% per year

CPI	Rate
Years 1-3	1.75%
Years 4-7	2.25%
Years 8-10	3.25%