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American
Commerce Center
Income and Expenses
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INCOME |
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Rental Income |
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369,000 |
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Total Income |
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369,000 |
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Less 5% Vacancy |
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18,450 |
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Effective Gross Income |
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350,550 |
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EXPENSES |
$/psf |
% of EGI |
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Management |
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7.50% |
26,291 |
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Leasing Commission |
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5,094 |
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Real Estate Taxes |
0.80 |
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30,000 |
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Insurance: F&EC and Liability |
0.75 |
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28,125 |
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Lawn Maintenance |
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3,600 |
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Repairs & Maintenance |
0.05 |
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1,875 |
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Trash Collection |
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3,900 |
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Common Area Electric |
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2,900 |
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Common Area Water/Sewer |
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1,250 |
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Legal & Accounting |
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1,500 |
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Advertising, Marketing & Overhead |
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1,500 |
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Reserves |
0.10 |
|
3,750 |
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Total Expenses |
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109,785 |
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Expenses as a % of EGI |
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31% |
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Expenses PSF |
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2.93 |
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NET OPERATING INCOME |
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240,765 |
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Recent Developments:
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-
Anchor Road Business Park, Casselberry, Florida
-
Armstrong Commerce Center, Kissimmee, Florida
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Anchor Road Commerce Center, Casselberry, Florida
-
Anchor Point, Casselberry, Florida
-
Poinciana Industrial Park, Poinciana, Florida
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Management
and Consulting:
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-
Wilson
Commerce Center, Casselberry, Florida
- Eckerd's,
Merritt Island, Florida
-
Sunrise
Towers, Coral Springs, Florida
-
Williams
Executive Center, Sunrise, Florida
-
The
Oaks, Jacksonville, Florida
-
Ives
I & II, Aventura, Florida
-
Wilshire
Office Plaza, Casselberry, Florida
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Proforma:
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Contact
Information:
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President
& CEO:
David McGregor 
Phone Number:
(407) 341-5557
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