The master lease structure projects $2,929,474 in master tenant income, supported by $300,000 in master tenant reserves.
Ongoing fee rates
Master Tenant Income
$2,929,474
Strengths
- Master tenant income established at $2,929,474
- Master tenant reserve funded with $300,000
Concerns
- Property occupancy and historical operating expenses are not disclosed
- Net operating income and going-in cap rate are not disclosed