Master tenant income is projected at $2,336,000 with $215,000 funded into dedicated master tenant reserves.
Ongoing fee rates
Asset Mgmt Fee (annual)
($35,000)
Master Tenant Income
$2,336,000
Disposition Fee
Disposition
fee conditioned on sale > offering price
Strengths
- Master tenant income scheduled at $2,336,000
- Dedicated master tenant reserves of $215,000
Concerns
- Single master tenant lease structure
- Detailed line-item property operating expenses not disclosed