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MARKET SURVEY

 

Total Survey Sq. Ft.

Average Base Lease Amount

Average CAM Assessment

Market Average Occupancy

Retail Centers (Survey of the Elight Largest, Comparable Strip / Community Centers, 2003)

610,459 sq. ft.

$12.39

$1.65

77.2%

Office Centers (Survey of Elight Largest, Comparable Professional Office Centers, 2003)

508,400 sq. ft.

$15.09

$2.50

87.9%


Apartments

Survey of the Elight Largest, Comparable Apartment Complexes

Total Number of Surveyed Units

Market Average Occupancy

1,414

91.9%


Average Lease Amount per Sq. Ft.

Average Monthly Rental Amount

1 Bed - 1 Bath.....$0.80

1 Bed - 1 Bath.....$530

2 Bed - 1 Bath.....$0.75

2 Bed - 1 Bath.....$633

2 Bed - 2 Bath.....$0.69

2 Bed - 2 Bath.....$675

3 Bed - 2 Bath.....$0.73

3 Bed - 2 Bath.....$806


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