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Operating Expenses - Lofty Holding 621 E Le Claire Road LLC.pdf

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Property621 E Le Claire Rd, Eldridge, IA 52748
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621 E Le Claire Road, Eldridge, IA 52748 Operating Expenses In addition to rent, Tenant’s pay Pro Rata Share of the Operating Costs each year and prorated on a daily basis for any partial Lease Year. Tenant’s Pro Rata Share of Operating Costs shall be estimated by Landlord on the Rent Commencement Date and annually thereafter. Building Operating Costs & Common Area Maintenance expense (CAM) - Property Taxes $23,454 - Insurance $6,200 - Lawn & Snow $6,000 - Trash Removal $3,600 - Total Annually $

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621 E Le Claire Road, Eldridge, IA 52748 Operating Expenses In addition to rent, Tenant’s pay Pro Rata Share of the Operating Costs each year and prorated on a daily basis for any partial Lease Year. Tenant’s Pro Rata Share of Operating Costs shall be estimated by Landlord on the Rent Commencement Date and annually thereafter. Building Operating Costs & Common Area Maintenance expense (CAM) - Property Taxes $23,454 - Insurance $6,200 - Lawn & Snow $6,000 - Trash Removal $3,600 - Total Annually $39,254 Total Collected From Tenants - McDonald’s $23,000/yr - Dominos $6,728.76/yr - US Cellular $6,422.88/yr - Real Estate Office $6,422.88/yr - Total Annually Collected $42,574.52 Surplus of $3,320.52 annually will go into maintenance reserve