About this video
Ellie checks a sale teaser's headline WALT and NOI against the leases and the numbers before it goes to buyers.
Full description
The Marlowe sale teaser quotes a 6.8-year WALT and $16.9m in-place NOI. Working through the data room, Ellie finds Wolverley's 12 August notice is a valid break effective 30 June 2027, taking WALT to 5.8 years, and shows the $16.9m is the 2027 budget; the trailing twelve months are $15.8m, 7% lower.
Key points
- Headline WALT rebuilt from the leases and notices
- Budget NOI presented as in-place, caught against the T-12
- Fix the teaser before a buyer's diligence does
Part ofLease intelligence
Video details
- Roles
- Owner, Broker, Asset Manager
- Processes
- Asset Management, Lease Abstraction
- Geographies
- US
- Markets
- United States
- Tags
- author-demo-2, disposition, WALT, sale brochure