Distribution warehouse, Tempe Sample
Real estate, leased from Salt River Logistics REIT, Tempe. Commenced Jul 1, 2024, ends Jul 1, 2034.
- Term
- 120 months, paid in arrears
- Discount rate
- 6.50%
- Liability at commencement
- 1,087,128.20
- ROU at commencement
- 1,066,328.20
- Straight-line cost
- 12,502.12 per period
| Input | Value | Source |
|---|---|---|
| Lease name | Distribution warehouse, Tempe | Sample data |
| Lessor | Salt River Logistics REIT | Sample data |
| Asset type | Real estate | Sample data |
| Commencement date | Jul 1, 2024 | Sample data |
| Payment frequency | Monthly | Sample data |
| Payment timing | In arrears (end of each period) | Sample data |
| Lease term, in payment periods | 120 | Sample data |
| First payment, before escalations | 12,000.00 | Sample data |
| Escalation | Percent increase | Sample data |
| Escalation amount | 3.5% | Sample data |
| Escalates every N periods | 12 | Sample data |
| Free-rent periods at the start | 3 | Sample data |
| Lease component share of each payment | 92% | Sample data |
| Discount rate, annual | 6.5% | Sample data |
| Payments made before commencement | – | Sample data |
| Initial direct costs | 4,200.00 | Sample data |
| Incentives received | 25,000.00 | Sample data |
| Residual value guarantee, amount probable | – | Sample data |
| Ownership transfers at the end? | No | Sample data |
| Purchase option reasonably certain? | No | Sample data |
| Purchase option price | – | Sample data |
| Specialized asset with no other use? | No | Sample data |
| Remaining economic life, in payment periods | 600 | Sample data |
| Commencement near the end of the asset's life? | No | Sample data |
| Fair value of the asset | 4,500,000.00 | Sample data |
| Policy: major part of economic life | 75% | Sample data |
| Policy: substantially all of fair value | 90% | Sample data |