When identifying what % of property wide cash flow comes from NNN ground floor retail on a large apartment building, would you simply look at commercial NOI (base rent + reimbursements) as a percent of total NOI?
Also, if the retail is not 100% occ then landlord will have to come out of pocket for certain fixed expenses like taxes, right? But given gross up provisions landlord will be able receive full reimbursements for variable expenses, right?
Hi eightOeight, check out these resources:
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Fingers crossed that one of those helps you.
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