cCARE | Offering Memorandum
AFTER-HOURS HVAC INCOME
ACTUAL AFTER HOURS HVAC INCOME REIMBURSEMENTS Per Article 6.3 of the Lease, Tenant shall reimburse Landlord for after-hours HVAC costs. The mission critical HVAC climate control is utilized for cooling of the Pet CT and Pharmacy, which are critical to tenant’s business (see locations of after-hour HVAC equipment on page 16). Tenant has paid Landlord for such costs as shown below for January through December 2018.
SUITE 320 | 6 MONTH JULY THROUGH DECEMBER 2018
SUITE 300 | 12 MONTH JANUARY THROUGH DECEMBER 2018
Amount Billed
Amount Reconciled
TOTAL PAID
Amount Billed
Amount Reconciled
TOTAL PAID
Month / Year
Month / Year
January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018
- - - - - -
$4,477.00 + $220.00 = $4,697.00 $4,477.00 + 100.00 = $4,577.00 $4,477.00 + $30.00 = $4,507.00 $4,477.00 + $33.00 = $4,510.33 $4,477.00 + $130.00 = $4,607.00 $4,477.00 + $310.00 = $4,787.00 $4,477.00 + $326.66 = $4,803.66 $4,493.00 + $140.00 = $4,633.00 $4,493.00 + $39.66 = $4,532.66 $4,493.00 + $396.93 = $4,889.93 $4,493.00 + $674.48 = $5,167.48 $4,493.00 + $93.09 = $4,586.09
- - - - - -
- - - - - -
- - - - - -
July 2018
$9,570.79 + $40.00 = $9,610.79 $9,570.00 + $10.00 = $9,580.00 $9,570.79 + $0.00 = $9,570.79 $9,570.79 + $10.00 = $9,580.79 $9,570.79 + $0.00 = $9,570.79 $9,570.79 + $0.00 = $9,610.79
August 2018
September 2018 October 2018 November 2018 December 2018
$56,298.15 $4,691.51 (Average/Month)
$57,483.96 $9,580.66 (Average/Month)
TOTAL $53,804.00 $2,494.15
TOTAL
$57,423.95
$60.00
TOTAL AFTER HOURS HVAC INCOME
$4,691.51 $9,580.66 $14,272.17 $171,266.04
SUITE 300 AVERAGE SUITE 320 AVERAGE
TOTAL MONTHLY AVERAGE
TOTAL ANNUAL LESS 5% VACANCY
$162,702.74 ESTIMATED ANNUAL HVAC REIMBURSEMENT
15
OFFERING MEMORANDUM
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