Portland, Oregon
Neighborhood Café
Concept
Hold before LOI
Version 1
Current
Occupancy facts on file — not a legal lease opinion.
Current deal
| Known conversion exposure | Still unpriced / not established |
|---|---|
| TI offered | $18,000 |
| Coverage | Coverage not confirmed |
Offer and conversion assumptions are fixed in this public walkthrough.
| Base rent | $7,200 |
|---|---|
| CAM / occupancy fees | UNKNOWN |
| TI offered | $18,000 |
| Free rent | 2 months · about $14,400 opening-cash relief |
| Delivery | as-is |
| Term | 36 months |
Free rent is opening cash relief. It is not TI and is not netted against conversion exposure.
No material conversion requirements are currently on the known screen.
This is the current known screen — not a full buildout budget or completed design.
| Base rent | $7,200Entered on this case |
|---|---|
| CAM / service charge | UNKNOWN |
| Other recurring occupancy | UNKNOWN |
| Known monthly occupancy burden | $7,200Calculated from rent plus known occupancy add-ons |
Unknown CAM is not $0. Known occupancy currently uses known rent; total occupancy cost is not established.
| Deposit | $14,400 |
|---|---|
| Prepaid rent | 1 month |
| Rent-free period | 2 months · about $14,400 opening-cash relief |
| Landlord contribution / TI | $18,000 |
Rent-free is opening-cash relief. It is not averaged into monthly Required Reality. Known TI reduces known tenant-funded occupancy or capital cash. It does not change the monthly occupancy hurdle.
| Term | 36 months |
|---|---|
| Delivery condition | as-is |
Recorded term length is not a legal reading of options, breaks, or continuity.
founder-entered
Written commercial terms for this unit are not on file.
Known upfront occupancy cash $21,600.
2 months free rent noted. Landlord contribution $18,000.