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["$6,850,000 Three office warehouse metal industrial buildings for Sale            9330 14th Ave South & 1421 S 93rd &  1425 S 93rd Seattle,Washington 98109"]
["Income & Expenses "]
[]
["Summary Rent Roll",{"$nulls":5},"Actual July  2023",null,null,"Proforma *\nIndustrial Automation Inc montly rent of $19,500 a month starts October 1, 2023 with annual rent increases of three percent for the three year lease term . The monthly rent for Frog Hollow is suggested rent starting May 1, 2024",null,null,"Stabilized"]
[null,"BLDG ADDRESS","Lease","Lease","BUILDING SF","% of","Monthly","Monthly","Annual","Monthly","Monthly","Annual","Monthly","Annual","Annual"]
["Tenant Name","#","Start","Expiration","SF","Total","Rent","Rent/SF","Total","Rent","Rent/SF","Total","Rent","Rent/SF","Total"]
["Industrial Automation Inc. (2 buildings )\n9330 14th Ave S  10,969 SF occupied by Industrial Automation\n1421 S 93rd  8,049 SF occupied by Industrial Automation \n*The Industrial Automation Inc lease has three percent annual rental increases. ","9330 14th Ave S \n& 1421 S 93rd St",null,"2023-11-30",19018,{"$f":"E7/$E$11","v":0.6756190273189101},10000,{"$f":"G7/E7","v":0.52581764644021456},{"$f":"G7*12","v":120000},19500,{"$f":"J7/E7","v":1.0253444105584184},{"$f":"J7*12","v":234000}]
[]
["Frog Hollow Corporation \n1425 S 93rd 9131 SF occupied by Frog Hollow Corporation ","1425 S 93rd St ",null,"2021-07-31",9131,{"$f":"E9/$E$11","v":0.3243809726810899},6200,{"$f":"G9/E9","v":0.67900558536852484},{"$f":"G9*12","v":74400},10500,{"$f":"J9/E9","v":1.1499288139305661},{"$f":"J9*12","v":126000}]
[]
[{"$f":"COUNTA(B7:B10)","v":2},null,null,null,{"$f":"SUM(E7:E10)","v":28149},{"$f":"SUM(F7:F10)","v":1},{"$f":"I11/12","v":16200},{"$f":"G11/E11","v":0.57550889907279124},{"$f":"SUM(I7:I10)","v":194400},{"$f":"L11/12","v":30000},{"$f":"J11/E11","v":1.0657572205051689},{"$f":"SUM(L7:L10)","v":360000}]
[]
["Frog Hollow has occupied their building since 2005 and Industrial Automation Inc has occupied their two buildings for over thirty (30) years"]
[]
["Industrial Automation Inc has occupied these two buildings for over three decades ",{"$nulls":4},"Income"]
[{"$nulls":5},"Scheduled Rental Income",null,null,{"$f":"I11","v":194400},null,null,{"$f":"L11","v":360000}]
[]
[{"$nulls":5},"Less Physical Vacancy",null,null,0,"The Physical Vacancy is estimated at four (4%) percent for bank financing purposes. ",null,{"$f":"-(L16*0.04)","v":-14400}]
[{"$nulls":5},"Scheduled Gross Rental Income",null,null,{"$f":"SUM(I16:I18)","v":194400},null,null,{"$f":"SUM(L16:L18)","v":345600}]
[]
[{"$nulls":5},"Effective Gross Income",null,null,{"$f":"I19","v":194400},null,null,{"$f":"L19","v":345600}]
[]
[]
[{"$nulls":5},"Operating Expenses","The new leases are true NNN Leases so no operating expenses are included as deductions. "]
[]
[]
[{"$nulls":5},"Total Operating Expenses",null,null,0,null,null,{"$f":"SUM(L26:L26)","v":0}]
[]
[{"$nulls":5},"Net Operating Income",null,null,{"$f":"I21-I27","v":194400},null,null,{"$f":"L21-L27","v":345600},null,null,{"$f":"L29","v":345600}]
[]
[{"$nulls":5},"Capital Expenditures"]
[{"$nulls":5},"Replacement Reserves",{"$f":"J32","v":0.25},null,{"$f":"G32*E11","v":7037.25},0.25,null,{"$f":"J32*$E$11","v":7037.25},0.25,null,{"$f":"M32*$E$11","v":7037.25}]
[{"$nulls":5},"Subtotal",{"$f":"SUM(G32)","v":0.25},null,{"$f":"SUM(I32:I32)","v":7037.25},{"$f":"SUM(J32)","v":0.25},null,{"$f":"SUM(L32:L32)","v":7037.25},{"$f":"SUM(M32)","v":0.25},null,{"$f":"SUM(O32:O32)","v":7037.25}]
[]
[{"$nulls":5},"Total Expense Load",{"$f":"G27+G33","v":0.25},null,{"$f":"I27+I33","v":7037.25},{"$f":"J27+J33","v":0.25},null,{"$f":"L27+L33","v":7037.25},{"$f":"M27+M33","v":0.25},null,{"$f":"O27+O33","v":7037.25}]
[]
[{"$nulls":5},"Net Income",{"$f":"I37/$E$11","v":6.6561067888734948},null,{"$f":"I29-I33","v":187362.75},{"$f":"L37/$E$11","v":12.027523180219546},null,{"$f":"L29-L33","v":338562.75},{"$f":"O37/$E$11","v":12.027523180219546},null,{"$f":"O29-O33","v":338562.75}]
[]
[{"$nulls":6},"Actual Cap Rate",null,"Value","Proforma Cap Rate",null,"Value"]
[{"$nulls":5},"Indicated Value",{"$f":"I29/I40","v":2.837956204379562E-2},null,6850000,{"$f":"L29/L40","v":5.0452554744525549E-2},null,{"$f":"I40","v":6850000},null,null,6.5000000000000002E-2]
[{"$nulls":9},5.2499999999999998E-2,null,{"$f":"L29/J41","v":6582857.1428571427}]
[{"$nulls":9},5.5E-2,null,{"$f":"L29/J42","v":6283636.3636363633},null,null,6.5000000000000002E-2]
[]
["Prepared by: Westlake Associates"]
[]
["1200 Westlake Ave N, Suite 310, Seattle, WA 98109"]
["Phone: 206-505-9400"]

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