Submission Info

If you are interested in exploring a property sale with DLC, we will need the following types of property information to make our discussions as productive as possible:

ARGUS PROJECTIONS

SITE PLAN

• Each tenant location identified, including any shadow anchors and pad sites not included in the sale

RENT ROLL

• Tenant names
• Individual tenant GLAs
• Lease commencement and termination dates
• Renewal options
• Minimum rent and rent escalation schedule during the initial term and all option periods
• Expense stop information for CAM, real estate taxes and insurance
• Major tenant sales results (if reported) for past three years
• Co-tenancy and kick-out provisions
• Detail on vacant space and pad sites

OPERATING EXPENSES

• Common area maintenance expenses
• Real estate taxes
• Insurance

OTHER EXPENSES

PHYSICAL PLANT

• Age and type of roof
• Condition of vacant tenant spaces
• Existing environmental encumbrances

INFORMATION ON TRADE AREA COMPETITION

• New developments
• Competing properties and tenancy
• Dark anchor boxes

LOANS (IF ANY, AND IF A LOAN ASSUMPTION WILL BE REQUIRED)

• Name of lender
• Original and current loan balance
• Interest rate
• Amount of loan payment
• Original amortization term and due date
• Lock-in and pre-payment provisions
• Terms and cost of loan assumption

For more information on DLC’s acquisition program or to discuss a potential transaction in greater detail, please contact Jonathan Wigser at 914.631.3131 or via email.