Coworking Proforma
5550 FRIENDSHIP BOULEVARD
Size of Space.
25,000
Square Feet
Coworking Total Potential Gain, 11 Years
$3,277,595
Totals
Coworking Profitability, 11 Years
$ 8,313,373
Traditional Lease, 10 Year Term
$ 5,481,812
NOI
YEARS 1 – 11
1
Coworking
–$ 1,150,000
Total Cost to Build Out
–$ 13,041
Profit
1
Traditional
–$ 1,250,000
Total Cost to Build Out
–$ 350,000
Defer Broker’s Commission
–$ 181,250
Operating Expenses
$ 875,000
Rent
2
$ 530,893
Profit
2
$ 899,063
Rent
3
$ 771,653
Profit
3
$ 923,787
Rent
4
$ 817,762
Profit
4
$ 949,191
Rent
5
$ 858,650
Profit
5
$ 975,294
Rent
6
$ 901,583
Profit
6
$ 1,002,114
Rent
7
$ 946,662
Profit
7
$ 1,029,672
Rent
8
$ 993,995
Profit
8
$ 1,057,988
Rent
9
$ 1,043,695
Profit
9
$ 1,087,083
Rent
10
$ 1,095,880
Profit
10
$ 1,116,978
Rent
11
$ 1,150,674
Profit
11
–$ 2,653,108
Rent
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