Franchised Food Outlet
Market Review – Determination
Existing Gross Rent: $165,000 p/a
Proposed Gross Rent: $215,000 p/a
Determined Outcome: $115,000 p/a
Total 5-Year Benefit to Tenant: $500,000+
GEM Lease Analytics™ Case Studies
Craft Brew Pub
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 Benefit: $2.25 Million Rent Savings
Major Franchise Group
Market Review – Negotiation
Existing Gross Rent: $80,000 p/a
Agreed Gross Rent: $50,000 p/a
Negotiated Outcome: Willing Landlord & Tenant
Total Benefit: Win/Win
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
Total 5-year Benefit: $138,000
Suburban Pharmacy Brisbane
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+
Small Franchised Convenience
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: $114,000 or thereabouts
Total 5-year Benefit: $140,000
Mid-sized Supermarket
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 5-year Benefit: $345,000
Suburban Pharmacy Brisbane
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.
Small Supermarket
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: $108,000
Total 5-year Benefit: $230.000
Family Owned Pharmacy Chain
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
Mid-sized Supermarket
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
Family Owned Pharmacy Chain
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: $53,000 p/a
Total 5-Year Benefit to Tenant: $600,000+
Boutique Cinema
Market Review – Submission to Valuer
Existing Gross Rent: $540,000 p/a
Proposed Gross Rent: $540,000 p/a
Determined Outcome: $400,000 p/a
Total 5-Year Benefit to Tenant: $600,000+
Country Butcher
Lease Dispute – 1 Year Into Lease
Existing Gross Rent: $180,000 p/a
Proposed Gross Rent: $NIL
Outcome: Tenant Vacated with 4yrs Left of Lease
Total Benefit: $770,000 Rent Savings
Food Court Franchisee
End of Lease – Renewal Decision
Existing Gross Rent: $220,000 p/a
Proposed Gross Rent: $160,000 p/a
Outcome: Franchisee Vacated
Total Benefit: Shop Vacant for 2+ Years
National Retail Stationery Retailer
Market Review – Determination
Existing Gross Rent: $480,000 p/a
Requested Gross Rent: $450,000 p/a, capped
Determined Outcome: $515,000 + increments
Total 5-Year Benefit:$420,000+ Increased Income
Country IGA
Market Review – Negotiation
Historic Gross Rent: $450,000 p/a
Existing Gross Rent: $285,000 p/a
Negotiated Outcome: $285,000 p/a
Total 10-Year Benefit: $825,000, + Win/Win
Franchised Book Store
Market Review – New Building Owner
Existing Gross Rent: $472,000 p/a
Proposed Gross Rent: $472,000 p/a
Determined Outcome: $252,000 p/a
Total 5-Year Benefit: Over $1.1 Million
