Hands-On Exercise: Single Tenant Property
It is time to practice the content we covered!
Create a new property within the Training portfolio.
Property Level Data
Property Type:
Property Name:
Analysis Start Date:
Years:
Address:
Office
Betty Capital
January 2026
5
191 Peachtree Street
Atlanta, Georgia
United States
30303
Property Description
Building Area:
50,000 SF
Market Inflation
General Inflation Rate:
Market Inflation Rate:
Expense Inflation Rate:
3.00% every year starting in 2027
4.00% every year starting in 2027
3.00% every year starting in 2027
Inflation Month:
Recovery Timing:
Analysis Date
Calendar Recovery using Calendar Inflation
Miscellaneous Revenues
Vending Machines:
$15,000 / Annually
0.0% Fixed; Growing by the General Inflation Rate
Operating Expenses
All Operating Expenses are 100.0% Fixed and Recoverable and will grow by the Expense Inflation Rate,
unless otherwise noted.
Real Estate Taxes:
$80,000 paid in May of every year
Insurance:
$0.10 / Rentable Area / Annually; Based on the Building Area
Utilities:
$5.50 / Occupied Area / Annually; Based on the Building Area
Maintenance:
$50,000 / Annually
35.0% Fixed
Landscaping:
$3,750 / Monthly
Operating Expenses – Non-Recoverable
Management Fee:
2.00% of Effective Gross Revenue
© 2024 Altus Group | altusgroup.com
Capital Expense
Parking Lot Resurfacing:
$65,000 paid in October 2028; No Inflation
Tenants Rent Roll
Active:
Name:
Suite:
Lease Status:
Lease Type:
Affects Occupancy:
Area:
Available:
Available Date:
Start:
Term / Expire:
Base Rent:
Free Rent (Months):
Recoveries Structure:
Tenant Improvements:
Leasing Commissions:
Upon Expiration:
Yes
Trent Investments
A
Contract
Office
Yes
50,000
Specified Date
January 1, 2026
Available Date
3/0
$22.00 / SF / Year
3.00
Base Year Stop
$18.00 / Area
5.0% - Fixed %
Market
Market Leasing Profile (Edit the Default Profile)
Name:
Office Profile
Term (Yrs/Mos):
5/0
Renewal %:
75.0%
Months Vacant:
6.00
New Base Rent:
$22.00 / SF / Year; Market Inflation Rate
Renew Base Rent:
$20.50 / SF / Year; Market Inflation Rate
New Free Rent:
3.00
Renew Free Rent:
0.00
Recoveries Structure:
Base Year Stop
New TI:
$15.00 / Area; Expense Inflation Rate
Renew TI:
$7.00 / Area; Expense Inflation Rate
New LC:
5.0% - Fixed %
Renew LC
3.0% - Fixed %
Upon Expiration:
Office Profile
Save Property and compare the following report on the next page:
• Property Reports – Cash Flow
ARGUS Enterprise – Course 1 – Case Study | altusgroup.com
2
Property Reports – Cash Flow
ARGUS Enterprise – Course 1 – Case Study | altusgroup.com
3