Lease & Rent Roll Abstractor

The Shoppes at San Felipe · 19 tenants + 2 vacancies · Rent roll as of 04/30/2026 · Lease abstracts from NewQuest data room
Total GLA
48,196 SF
Occupied
42,690 SF · 88.6%
Vacant
5,506 SF · 2 units
Tenants
19 (incl. CVS pad)
In-place base rent
$1,966,800 / yr
In-place gross
$2,602,911 / yr
Rent Roll 21
Lease Abstracts 19
Rollover Schedule
Rent Bump Schedule
Exclusives & Co-tenancy
Risk Dashboard —
Recoveries & Opex
OM vs Rent Roll —

Rent Roll — SF/Voss LTD (psfv)

As of 04/30/2026 · certified by NewQuest
Unit Tenant SF Rent Start Expiration WALT Monthly Base PSF CAM Tax Ins Other Monthly Total Next Bump
CVS shows 0 SF because it is a ground/pad lease (separately-owned building on the seller's land); rent roll GLA reflects inline + pad-shell SF only. Total annual base $1,966,800 = $163,900 × 12. Total annual gross (base + recoveries) $2,602,911 = $216,909.28 × 12.

Lease Abstracts

Click any tenant to expand · pulled from executed lease + amendments in data room

Rollover Schedule

Lease expirations by calendar year · both SF and rent-weighted

Contractual Rent Bumps

All scheduled rent steps by date · ground for underwriting growth assumptions
Effective Tenant Unit SF New Monthly New PSF Bump % Annual Δ

Exclusives, Use Clauses & Co-tenancy

Cross-tenant restrictions that constrain re-leasing of the vacant boxes

Risk Dashboard

Consolidated flags across all 19 leases

    Recoveries & Opex Treatment

    NNN vs. modified-gross structure by tenant · pro-rata shares, caps, admin fees
    Unit Tenant SF Pro-rata % Structure CAM Taxes Insurance Recovery PSF Notes

    OM Rent Roll vs. Certified Rent Roll — Reconciliation

    OM Financial Package (DW, 04.28.26) vs. NewQuest certified rent roll (04.30.26) · 2-day gap, but several material differences
    Unit Tenant SF (OM) SF (RR) PSF (OM) PSF (RR) Annual (OM) Annual (RR) OM Expiration RR Expiration Status / Notes

    Material discrepancies

      OM Year-1 NOI build: $1,887,280 total ($1,502,280 retail + $385,000 ground lease). OM total gross income $2,642,199 vs. rent-roll annualization $2,602,911 — OM is $39,288 higher, driven by the $12,000 Proposed Church assumption plus mid-year contractual rent steps (Salon Lofts 5/1, EWC renewal 6/1, Distinct Dental 8/1, Amerejuve 8/1, Clara Rose 8/1, Jersey Mike's 10/1, Ozone Bar 11/1, UPS 12/1) flowing through full calendar 2026.