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What is a budgetary expense ratio full service lease

for a new, 1 story, office build located in the high desert of CA and where landloard has all resp?
This would be from the land lords perspective.
In Leasing Property - Asked by Chet M. - Jan 12, 2009
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Chris S.
Broker/Agent
Coeur D'alene, ID

depends. BOMA (building owner and managers association) is a good source of operating expense ratios. That being said, I tend to use an expense in the 30-50% of EGI range, depending on the specifics of the building and tenants. Ask for historicals on the building, that's the best place to start.
chris.schreiber@century21.com

Jan 16, 2009
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