Los Angeles County / Southern California Real Estate Location Advice
Completed Actual Rent Comparables or Signed Lease Comparables + Transaction Details and Concessions. Not artificially High or mere Inflated Asking For Lease Face Rates that Still Require Negotiations and Further Discounting on a monthly per square foot basis.
Fair Market Rents at Market Levels: Not Below or Above Market or other Negative Factors Affecting True FMR Lease Rates that skew high or low from Real Estate Evaluation Reports and Real Estate Appraisals by Real Estate Appraisers / Advisors and Consultants.
Submarket Location(s): Downtown Los Angeles
General Use(s): Industrial
Specific Use(s): Warehouse
Base Rent (NNN or Modified Gross or Full Service Gross Expense Basis): $.41+ / sf / month
Additional Operating Expense Pass Thru’s to Tenants - NNN’s or CAM’s (Includes Proportionate or Pro Rata share of Property Taxes, Property Insurance, etc. or CAM’s – Common Area Operating Expenses): $0 / sf / month
Total Rent (Base Rent + Additional NNN’s or CAM’s): $.41+ / sf /month
Annual Base Rent Increases: Flat or 3%+ / sf / year
Lease Length or Contract Term: 12+ months
Landlord Provided Free Rent Concessions to Tenant: 0+ months Rental Abatement or Early Build Out Time
TI’s - Tenant Improvements provided to Tenant by Owner Concessions: $0+ / sf of Building
Marking Period or Lease Up Absorption Period: 1+ months