20-year lease
A term of 20 years
Commencing Annual Rent: $200,000 plus GST
Rent-free term: 5 years
10-year rental return: $1,105,126 plus GST
Estimate full-term rental return: $10,105,126 plus GST
Rental Escalation: Fixed 5% increases to rent each year of the term.
Turnover Rent: 4% of revenue over the yearly target