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

Ready to talk coworking?

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Let’s start the conversation about your coworking project and explore a potential collaboration.  We are a team of coworking veterans who are ready to consult with real estate developers and companies looking to embrace coworking within their respective business models.