The master tenant structure projects master tenant income of $924,000, supported by an upfront master tenant reserve of $900,000.
Ongoing fee rates
Disposition Fee3%
Asset Mgmt Fee (annual)
$151,000
per year
Master Tenant Income
$924,000
Property Mgmt Fee
Three
of percent (3.0%) of the monthly Gross Revenue
Disposition Fee
3%
Strengths
- Master tenant income established at $924,000
- Reserve allocation of $900,000 provides operational liquidity
Concerns
- Property-level historical operating metrics not disclosed