One Chesterfield Offering Memorandum 2016
TENANCY
Rent Roll
Leased Square Feet
Current Lease Expire
Rent Step Dates
Annual Rent ($/psf)
Current Lease Start
Annual Rent ($)
Monthly Rent ($)
Tenant
Suite
GLA %
CAM INS
RET
200 3,917
2.7% 12/1/2016 11/30/2022 Current
$26.75
$8,732
$104,780 2017 BY 2017 BY 2017 BY
12/1/2017
$27.25
$8,895
$106,738
12/1/2018
$27.75
$9,058
$108,697
The Retirement Planning Group
12/1/2019
$28.25
$9,221
$110,655
12/1/2020
$28.75
$9,384
$112,614
12/1/2021
$29.25
$9,548
$114,572
Comments:
Tenant has one, 5-year option to extend its term at the prevailing market rate. Tenant must provide Landlord with at least twelve (12) months advance written notice..
Renewal Option:
Tenant is responsible for its proportionate share of all operating expenses in excess of the 2017 operating expenses. Controllable expenses shall not increase by more than 5.0% annually.
Additional Rent:
Gross-Up:
95%
Tenant Improvement Allowance:
Tenant has an outstanding allowance of $97,925 (outstanding amount to be credited to Buyer at close).
Note:
Tenants lease start, lease expiration, and rent step dates are approximate based upon the expected lease commencement date.
Vacant
200A 5,944 6.87%
35
One Chesterfield, St. Louis, MO
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