Real Estate Rent Roll

dapper2012

New Member
Joined
Jun 11, 2016
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2
I am having difficulty trying to figure out the most efficient and cleanest way to project and roll up for future cash flow modeling a large list of retail tenants. Each tenant has different lease start and expiration dates, rent-able SF, rent price, renewable options, and rent escalations. Below are three example tenants of a list of roughly 50. I am trying to figure out the best way to model this for a 5 year projection. My initial thought was to model them out monthly by tenant using a nested IF statement and than roll up the gross rental revenue using SUMPRODUCT to arrive at the annual cash flows.

I really appreciate some help.

Ste. #TenantCredit RatingType LeaseRentable
SqFt
Rent/SF YearCurrent Rent / YearSinceLease StartFirm Term ExpirationLease ExpirationLease TermYears RemainingFirm Term Years RemainingRenewal OptionsRent Incr Freq /YearsNext Adjustment DateNext Adjustment AmountReneweal Proability
1ApplebeesNNN7,000$16.32$114,24020035/1/20157/31/20207/31/20205.34.14.1Two - 5 yr
Option 1: $18.48/SF
Option 2: $20.33/SF
58/1/2020None75%
2China King BufferNNN1,400$18.28$25,596200610/1/20109/30/20179/30/20177.01.31.3None510/1/2017None50%
3Chase BankB+NNN1,840$12.00$22,08020138/6/20138/31/20178/31/20174.11.21.2One - 4 yr
Option 1: $13.00/SF
49/1/2017None75%

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