Outer Suburban Supermarket
Market Review: but business owner prepared to vacate Existing Gross Rent: $125,000 p/a GEM™ Evaluation: $65,000 p/a Via Mediation Small Business Ombudsman: $99,000 or thereabouts…
Market Review: but business owner prepared to vacate Existing Gross Rent: $125,000 p/a GEM™ Evaluation: $65,000 p/a Via Mediation Small Business Ombudsman: $99,000 or thereabouts…
Lease Option: market review Existing Gross Rent: $152,500 p/a GEM™ Evaluation: $110,000 to $120,000 p/a Rent Determined: $121,000 p/a Total 5-Year Benefit to Tenant: $170,000+
Peer Review Valuer’s Determination which went to Ombudsman Value’s Determined Gross Rent: $140,000 p/a GEM™ Evaluation: $80,000 – $95,000 p/a By Mediation Small Business Ombudsman:…
Market Review: but business owner prepared to vacate Existing Gross Rent: $240,000 p/a GEM™ Evaluation: $120,000 p/a By negotiation new rent: $175,000 or thereabouts Total…
Market Review – Determination Existing Gross Rent: $125,000 p/a GEM™ Evaluation: $75,000 Determined Rent: $75,000 p/a Total Benefit: over 5-years $268,000.
Lease Option: Market Review Existing Gross Rent: $108,000 p/a Landlord Gross Rent: $150,000 p/a GEM™ Evaluation: $90,000 to $110,000 p/a Rent Determined by Branded Valuer:…
New Lease – Renewal Decision Existing Gross Rent: $174,000 p/a GEM™ Evaluation Outcome: Moved to adjoining centre $104,000 Total Benefit: over 5-year lease $557,500
Market Review: Existing Gross Rent: $344,000 p/a GEM™ Evaluation: $190,000 to $210,000 p/a Rent Determined by Branded Valuer: $268,000 Total 5-year Benefit: $412,700
Lease Option: minimum 5% incr Existing Gross Rent: $160,000 p/a Minimum Incr. Gross Rent to: $168,000 p/a GEM™ Evaluation: $80,000 p/a New Rent New Location:…
New Lease – Renegotiation Effort Existing Gross Rent: $231,000 p/a Ongoing Gross Rent: $231,000 p/a Outcome: Tenant Vacated with 7 Yrs Left on Lease Total…