WORKCASES ON LEASING AND TENANT MIX
Assumptions for all items are as follows:
Occupancy Trend: 98%
Mall Occupancy Cost: 14%
Mall Sales: 450 psf
Avg. Rent: $40 psf
CAM psf: $14.61
Mkt. psf: $3.00
Tax psf: $9.50
FC CAM psf: $29
Assume the market and current tenant mix for Stonebriar Centre
Item 1
DBA: Glamour Shots
Number of Stores: 80
1st Year Sales:$750,000
Size: 940 sf
Term: 10 years
Rent: 3 @ $35 psf
4 @ $40 psf
3 @ $45 psf
Percentage: 6% over natural break
Guarantor: none
Tenant Allowance: none
Tenant Work: full remodel
Permitted Use: The operation of a retail photography studio, including photographs resulting from on-premises cosmetic and hair styling, makeovers, and the display and sale of directly related accessories.
Location: 45 yard line.
Item 2
DBA:Snippet’s
Number of Stores:1
1st Year Sales: $450,000
Size: 940 sf
Term: 10 years
Rent: 3 @ $40 psf
4 @ $45 psf
3 @ $50 psf
Percentage:8% over natural break
Guarantor: none
Tenant Allowance: none
Tenant Work:cosmetic remodel
Permitted Use: The operation of a children’s hair salon, offering children’s hair cuts, children hair products, and the sale of directly related accessories.
Location: 45 yard line.
WORKCASES ON LEASING AND TENANT MIX
Assumptions for all items are as follows:
Occupancy Trend: 98%
Mall Occupancy Cost: 14%
Mall Sales: 450 psf
Avg. Rent: $40 psf
CAM psf: $14.61
Mkt. psf: $3.00
Tax psf: $9.50
FC CAM psf: $29
Assume the market and current tenant mix for Stonebriar Centre
Item 3
DBA:Burrito Joe’s
Number of Stores:0
1st Year Sales: $950,000
Size: 900 sf
Term: 10 years
Rent: 10 @ $100 psf
Percentage:10% over natural break
Guarantor:Joe Logan
Tenant Allowance: none
Tenant Work:cosmetic remodel
Permitted Use: The operation of a fast food Mexican restaurant preparing and selling at retail those items and non-alcoholic beverages on the approved menu.
Location:Food Court.
Item 4
DBA:Taco Bell
Number of Stores:1500
1st Year Sales: $950,000
Size: 900 sf
Term: 10 years
Rent: 10 @ $100 psf
Percentage:10% over natural break
Guarantor: none
Tenant Allowance:$90,000
Tenant Work: full remodel
Permitted Use:The operation of a fast food Mexican restaurant preparing and selling at retail those items and non-alcoholic beverages on the approved menu.
Location:Food Court
WORKCASES ON LEASING AND TENANT MIX
Assumptions for all items are as follows:
Occupancy Trend: 98%
Mall Occupancy Cost: 14%
Mall Sales: 450 psf
Avg. Rent: $40 psf
CAM psf: $14.61
Mkt. psf: $3.00
Tax psf: $9.50
FC CAM psf: $29
Assume the market and current tenant mix for Stonebriar Centre
Item 5
DBA:American Family Insurance
Number of Stores:1
1st Year Sales:N/A
Size:1,000 sf
Term: 10 years
Rent: 3 @ $35 psf
4 @ $40 psf
3 @ $45 psf
Percentage:N/A
Guarantor:John Regal
Tenant Allowance: none
Tenant Work: full remodel
Permitted Use:For the sole use of an insurance sales office and no other use whatsoever.
Location: 5 yard line.
Item 6
DBA:Mary’s Cute Cuts
Number of Stores:0
1st Year Sales: $350,000
Size:1,000 sf
Term: 10 years
Rent: 3 @ $35 psf
4 @ $40 psf
3 @ $45 psf
Percentage: 6% over natural break
Guarantor:Mary Benton
Tenant Allowance: none
Tenant Work: full remodel
Permitted Use: The operation of a full service beauty salon for men and women, including but not limited to unisex hairstyling and cutting, and other services usually performed in a full service beauty salon and sale of directly related accessories.
Location: 5 yard line.
WORKCASES ON LEASING AND TENANT MIX
Assumptions for all items are as follows:
Occupancy Trend: 98%
Mall Occupancy Cost: 14%
Mall Sales: 450 psf
Avg. Rent: $40 psf
CAM psf: $14.61
Mkt. psf: $3.00
Tax psf: $9.50
FC CAM psf: $29
Assume the market and current tenant mix for Stonebriar Centre
Item 7
DBA:Our Store
Number of Stores:0
1st Year Sales: $1,250,000
Size:3,976 sf
Term: 10 years
Rent: 10 @ $26 psf
Percentage: 6% over natural break
Guarantor: none
Tenant Allowance:$25,000
Tenant Work:cosmetic remodel
Permitted Use: for the retail sale of gadgets, novelties, accessory items including purses and costume jewelry, games, puzzles, cosmetics, room accessories and casual apparel not to exceed 10% of the Leased Premises..
Location:20 yard line.
Item 8
DBA:Footlocker
Number of Stores:2,200
1st Year Sales: $1,250,000
Size:3,976 sf
Term: 10 years
Rent: 10 @ $40 psf
Percentage: 6% over natural break
Guarantor: none
Tenant Allowance:$200,000
Tenant Work: full remodel
Permitted Use:standard GGP/Footlocker use clause.
Location:20 yard line.
WORKCASES ON LEASING AND TENANT MIX
Assumptions for all items are as follows:
Occupancy Trend: 98%
Mall Occupancy Cost: 14%
Mall Sales: 450 psf
Avg. Rent: $40 psf
CAM psf: $14.61
Mkt. psf: $3.00
Tax psf: $9.50
FC CAM psf: $29
Assume the market and current tenant mix for Stonebriar Centre
Item 9
DBA:Landau Collection
Number of Stores:20
1st Year Sales: $1,100,000
Size:850 sf
Term: 10 years
Rent: 3 @ $80 psf
4 @ $85 psf
3 @ $90 psf
Percentage:8% over natural break
Guarantor: none
Tenant Allowance: none
Tenant Work: full remodel
Permitted Use:The retail sale of costume jewelry. Conform to the standard GGP/Landau lease.
Location:50 yard line.
Item 10
DBA:Lindt & Sprungli
Number of Stores:20
1st Year Sales: $1,100,000
Size:850 sf
Term: 10 years
Rent: 3 @ $82 psf
4 @ $86 psf
3 @ $88 psf
Percentage: 6% over natural break
Guarantor: none
Tenant Allowance: none
Tenant Work: full remodel
Permitted Use:The retail sale of signature chocolates and related products typically found in a Lindt store.
Location:50 yard line.