Commercial leases are as unique as the tenants themselves and buildings that they occupy. Realty Analytics lease entry form can accomodate commissions, TI, rollovers, renewals, expense recoveries, expense stops, down time, and is driven by any of four escallation drivers.
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Accommodates real-world leasing scenarios
A lease is not a flat-line income stream. It varies based upon time and features contained in the lease. The power and flexibility built into the lease form make it possible to accurately reflect the income stream from any lease type - for up to 800 leases. Expense recovery is a snap - just check an expense item and the cost is recovered in perportion to the square footage and prorated for the year.
Income & Leases - Key Features
- Lease control panel shows equity components, recoveries, differentials, and recovery ratios
- Allows for both fixed and variable expense recoveries by the individual tenant
- Accommodates user-defined “Other Income” sources such as parking revenue or tower leases
- Rate changes are controllable down to the month by any of 4 real-world different drivers
- Handles concessions, discounts and abatements for any period you specify – for any tenant
- Accommodates Tenant Improvements and leasing commissions
- Keeps track of security deposits and prepaid rents
- Error trapping feature catches overallocations of either units or square feet
- Exports all key data to Rent Roll Report and Lease Expiration Report
