CURRENT TENANTS A.com (706)534-0385
RENTROLL(ASOF9/15/2023)
Tenant Unit UnitSF Lease Execution Date LeaseStart Date LeaseEndDate OptionData AnnualIncreases MonthlyRent AnnualRent NextRent IncreaseDate Next Increase Amnt ClassicCityAquariums 103 1738 1/4/2017 4/1/2017 3/31/2024 •LastLeaseRenewal:02/03/2023 $1,975.00 $23,700.00 FlawlessFinishSalon 105 1120 6/17/2022 7/1/2022 6/30/2025 •LastLeaseRenewal:06/18/2022 •One(1),three(3)yearoptionremaining(2ndRenewalTerm) 3%AnnualIncreases $1,236.27 $14,835.24 7/1/2024 $1,273.36 24HourTan 107 1364 7/1/2022 7/1/2022 6/30/2025 •LastLeaseRenewal:06/09/2022 •One(1),three(3)yearoptionremaining(2ndRenewalTerm) 3%AnnualIncreases $1,670.68 $20,048.16 7/1/2024 $1,720.80 UndergroundStrength 111 3005 1/7/2022 1/1/2022 12/31/2024 •One(1),three(3)yearoptionperiod 3%AnnualIncreases $3,504.67 $42,056.04 BenchmarkPhysicalTherapy 115 2712 7/9/2019 7/9/2019 9/30/2024 •Two(2),five(5)yearoptions •OptionPeriod#1:2.5%AnnualIncreases •OptionPeriod#2:FairMarketValueRate $3,407.28 $40,887.36 7/1/2024 $3,492.46 AthensHealth&Fitness 121-123 8965 1/1/2020 1/1/2020 12/31/2025 •One(1),five(5)yearoption 3%AnnualIncreases $7,331.37 $87,976.44 1/1/2024 $7,551.31 Mathnasium 125 1950 2/1/2022 2/1/2022 4/30/2025 •One(1),three(3)yearoption (OptionTerm) •YR1BaseRent:$2,388.75 •YR2BaseRent:$2,450.50 •YR3BaseRent:$2,510.63 $2,275.00 $27,300.00 5/1/2024 $2,331.88 FullyLoadedPizza 126 1950 10/24/2015 6/1/2016 5/31/2024 •LastLeaseRenewal:09/24/2021 •One(1),three(3)yearoptionremaining(2ndRenewalTerm) 2.5%AnnualIncreases $3,446.00 $41,352.00 PeachStateFederalCreditUnion 127 1742 7/20/2016 11/1/2016 10/31/2026 •LastLeaseRenewal:09/21/2021 •One(1),five(5)yearoptionremaining(SecondRenewalTerm) (OptionTerm#1) •YR6BaseRent:$2,082.00 •YR7BaseRent:$2,124.00 •YR8BaseRent:$2,167.00 •YR9BaseRent:$2,210.00 •YR10BaseRent:$2,254.00 (OptionTerm#2) •YR11BaseRent:$2,300.00 •YR12BaseRent:$2,345.00 •YR13BaseRent:$2,393.00 •YR14BaseRent:$2,440.00 •YR15BaseRent:$2,489.00 $2,124.00 $25,488.00 11/1/2023 $2,167.00 APPROXIMATETOTALINCOME: $26,970.27 $323,643.24 CurrentAnnualNNNPriceperSF(24,546SF) $3.65
2022 PROFIT/LOSS
Description JanuaryFebruaryMarchApril MayJuneJulyAugustSeptemberOctoberNovemberDecemberYTD PaymentByCheck 40,688.8919,062.1621,789.9943,995.4719,384.3528,457.3522,323.7828,209.2131,564.6833,087.1923,312.7322,969.05334,844.85 Credit/DebitCard 2,781.00 2,781.00 PaymentWithACH 3,790.02 6,108.623,152.05 7,826.606,791.6027,668.89 AccountingAdjustment 2,533.12 2,533.12 TotalIncome 40,688.8919,062.1624,323.1143,995.4723,174.3728,457.3531,213.4031,361.2631,564.6833,087.1931,139.3329,760.65367,827.86 PropertyTaxes 15,563.64 15,563.64 ConvenienceFeestoMgmtCo 96.9246.58 143.50 EquipmentRental 10.11723.48356.701,035.881,013.72568.58795.17289.111,012.14929.141,012.14578.228,324.39 Insurance 4,635.02 3,866.002,585.3211,086.34 LandscapeMaintenance 335.00335.00670.00335.00335.00367.00367.00367.00367.00702.00734.00 4,914.00 LeasingFee 7,570.084,031.63 2,617.02 14,218.73 ManagementFees 1,463.05762.49787.101,702.50871.601,060.631,076.86990.531,079.671,143.701,171.96800.0112,910.10 PestControl 2,999.00 275.00 75.00 3,349.00 ProfessionalService 900.00 900.00 RepairsandMaintenance 2,650.00 2,350.009,820.00 1,770.00300.008,148.00 25,038.00 Utilities 406.76478.27492.22431.86472.70481.62147.84636.99823.78505.78512.74818.166,208.72 TotalExpenses 9,785.008,980.872,306.026,504.245,043.0214,914.853,658.796,965.235,052.5919,219.2615,444.844,781.71102,656.42 NetIncome 30,903.8910,081.2922,017.0937,491.2318,131.3513,542.5027,554.6124,396.0326,512.0913,867.9315,694.4924,978.94265,171.44 TransferDepToEscrow -4,100.00 -2,112.50 -6,212.50 AdjustedIncome 26,803.8910,081.2919,904.5937,491.2318,131.3513,542.5027,554.6124,396.0326,512.0913,867.9315,694.4924,978.94258,958.94
2023 YTD PROFIT/LOSS
AccountName Jan2023Feb2023Mar2023Apr2023May2023Jun2023Jul2023Aug2023Sep2023Total INCOME RENTS RentIncome 25,182.7530,670.7128,773.3227,302.3224,827.1629,409.8124,846.2727,697.4627,054.97245,764.77 MonthlyCAMCharges 8,094.695,644.4613,919.219,384.488,743.498,574.437,156.007,112.377,112.3775,741.50 TotalRents/CAM 33,277.4436,315.1742,692.5336,686.8033,570.6537,984.2432,002.2734,809.8334,167.34321,506.27 FEES LateFees 0.00105.63837.56593.181,195.991,005.912,222.241,034.591,005.918,001.01 TotalFees 0.00105.63837.56593.181,195.991,005.912,222.241,034.591,005.918,001.01 TotalOperatingIncome 33,277.4436,420.8043,530.0937,279.9834,766.6438,990.1534,224.5135,844.4235,173.25329,507.28 EXPENSES CLEANING&MAINTENANCE GeneralMaintenanceLabor 10,000.00 -95.00 0.00 0.00 0.00 0.00103.00 0.00 0.0010,008.00 Landscaping 367.00 0.00734.00367.00734.00367.00367.0032.00367.003,335.00 TotalCLEANING&MAINTENANCE 10,367.00 -95.00 734.00367.00734.00367.00470.0032.00367.0013,343.00 INSURANCE PropertyInsurance 0.001,292.66971.00971.00971.00971.00971.00971.00971.008,089.66 TotalINSURANCE 0.001,292.66971.00971.00971.00971.00971.00971.00971.008,089.66 MANAGEMENTFEES ManagementFees 980.731,231.051,147.011,100.57814.241,131.671,167.701,149.28 0.008,722.25 TotalMANAGEMENTFEES 980.731,231.051,147.011,100.57814.241,131.671,167.701,149.28 0.008,722.25 REPAIRS HVAC(Heat,Ventilation,Air) 0.00 0.00 0.00 0.00 0.00 0.002,600.00 0.002,114.134,714.13 RoofRepair 575.00 0.00 0.00425.00 0.001,400.00 0.00 0.00500.002,900.00 Repairs-Other 0.00 0.001,675.00 0.00 0.00 0.00 0.00 0.00 0.001,675.00 TotalREPAIRS 575.00 0.001,675.00425.00 0.001,400.002,600.00 0.002,614.139,289.13 UTILITIES Electricity 263.52323.94338.91322.24342.81337.33341.58339.36340.912,950.60 Water 174.47197.01158.46160.75174.34180.72181.70197.52176.161,601.13 GarbageandRecycling 726.46506.06337.291,059.54506.08657.91526.191,331.90 0.005,651.43 TotalUTILITIES 1,164.451,027.01834.661,542.531,023.231,175.961,049.471,868.78517.0710,203.16 OTHER PestControl 0.00 0.00 0.00 0.00725.00 0.00 0.00 0.00 0.00725.00 TotalOTHER 0.00 0.00 0.00 0.00725.00 0.00 0.00 0.00 0.00725.00 TotalOperatingExpense 13,087.183,455.725,361.674,406.104,267.475,045.636,258.174,021.064,469.2050,372.20 NOI-NetOperatingIncome 20,190.2632,965.0838,168.4232,873.8830,499.1733,944.5227,966.3431,823.3630,704.05279,135.08
2023 PROJECTED INCOME
AccountName Jan2023Feb2023Mar2023Apr2023May2023Jun2023Jul2023Aug2023Sep2023PROJECTEDPROJECTEDPROJECTED TOTAL INCOME RENTS RentIncome 25,182.7530,670.7128,773.3227,302.3224,827.1629,409.8124,846.2727,697.4627,054.9727,572.7527,185.5126,987.03 327,510.06 MonthlyCAMCharges 8,094.695,644.4613,919.219,384.488,743.498,574.437,156.007,112.377,112.378,455.858,807.288,168.28 101,172.91 TotalRents/CAM 33,277.4436,315.1742,692.5336,686.8033,570.6537,984.2432,002.2734,809.8334,167.3436,028.6035,992.7835,155.31428,682.97 FEES LateFee 0.00105.63837.56593.181,195.991,005.912,222.241,034.591,005.911,000.131,111.941,146.24 11,259.31 TotalFEES 0.00105.63837.56593.181,195.991,005.912,222.241,034.591,005.911,000.131,111.941,146.24 11,259.31 TotalOperatingIncome 33,277.4436,420.8043,530.0937,279.9834,766.6438,990.1534,224.5135,844.4235,173.2537,028.7337,104.7236,301.55439,942.28 EXPENSES CLEANINGANDMAINTENANCE GeneralMaintenanceLabor 10,000.00 -95.00 0.00 0.00 0.00 0.00103.00 0.00 0.00 1.0013.0014.63 10,036.63 Landscaping 367.00 0.00734.00367.00734.00367.00367.0032.00367.00371.00417.38377.80 4,501.17 TotalCLEANING&MAINTENANCE10,367.00 -95.00 734.00367.00734.00367.00470.0032.00367.00372.00430.38392.42 14,537.80 INSURANCE PropertyInsurance 0.001,292.66971.00971.00971.00971.00971.00971.00971.001,011.21976.03976.65 11,053.55 TotalINSURANCE 0.001,292.66971.00971.00971.00971.00971.00971.00971.001,011.21976.03976.65 11,053.55 TAXES PropertyTaxes 17,304.16 17,304.16 TotalTAXES 17,304.16 17,304.16 MANAGEMENTFEES ManagementFees 980.731,231.051,147.011,100.57814.241,131.671,167.701,149.28 0.00967.69934.77908.24 11,532.95 TotalMANAGEMENTFEES 980.731,231.051,147.011,100.57814.241,131.671,167.701,149.28 0.00967.69934.77908.24 11,532.95 REPAIRS HVAC(Heat,Ventilation,Air) 0.00 0.00 0.00 0.00 0.00 0.002,600.00 0.002,114.13589.27662.92745.79 6,712.11 RoofRepair 575.00 0.00 0.00425.00 0.001,400.00 0.00 0.00500.00290.63326.95367.82 3,885.40 Repairs-Other 0.00 0.001,675.00 0.00 0.00 0.00 0.00 0.00 0.00209.38235.5555.62 2,175.54 TotalREPAIRS 575.00 0.001,675.00425.00 0.001,400.002,600.00 0.002,614.131,089.271,225.421,169.23 12,773.05 UTILITIES Electricity 263.52323.94338.91322.24342.81337.33341.58339.36340.91335.89337.38337.19 3,961.05 Water 174.47197.01158.46160.75174.34180.72181.70197.52176.16178.33176.00178.19 2,133.65 GarbageandRecycling 726.46506.06337.291,059.54506.08657.91526.191,331.90 0.00615.62629.32665.82 7,562.19 TotalUTILITIES 1,164.451,027.01834.661,542.531,023.231,175.961,049.471,868.78517.071,129.841,142.691,181.20 13,656.89 OTHER PestControl 0.00 0.00 0.00 0.00725.00 0.00 0.00 0.00 0.0090.63101.95114.70 1,032.28 TotalOTHER 0.00 0.00 0.00 0.00725.00 0.00 0.00 0.00 0.0090.63101.95114.70 1,032.28 TotalOperatingExpense 13,087.183,455.725,361.674,406.104,267.475,045.636,258.174,021.064,469.2021,964.794,811.244,742.4481,890.67 NOI-NetOperatingIncome 20,190.2632,965.0838,168.4232,873.8830,499.1733,944.5227,966.3431,823.3630,704.0515,063.9432,293.4831,559.11358,051.62