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Interest Rate 11% <br />Lease Rates: Public <br />Attachment 10 <br />(Continued) <br />�. BUSINESS PARK <br />Warehouse <br />Basic Assumptions <br />and Cost Formulas <br />$7.50 /SF <br />Service <br />$15.00 /SF <br />Size of Parcel <br />$13.00 /SF <br />1,000 acres <br />Cost Per Acre <br />$35,000 <br />Road Costs <br />21000 <br />ft. @ $90 ft. <br />Sewer Costs <br />5,000 <br />ft. @ $45 ft. <br />Flex /Lab <br />($100,000 <br />Pump Station) <br />Sitework <br />Public <br />6.00 /ft. <br />Manf. <br />4.65/ft. <br />Ware. <br />2.16 /ft. <br />Flex <br />4.50 /ft. <br />Service <br />6.00 /ft. <br />Office <br />6.00/ft. <br />Surface Parking <br />$1,100 /Space <br />Parking Space Requirement <br />297 /SF /Space <br />1 space <br />per 2 emp. <br />Interest Rate 11% <br />Lease Rates: Public <br />$ 0 /SF <br />Manufacturing <br />$4.00 /SF <br />Warehouse <br />$2.50/SF <br />Flex /Lab <br />$7.50 /SF <br />Service <br />$15.00 /SF <br />Office <br />$13.00 /SF <br />Construction Costs <br />Varies (See Backup) <br />(Plus 4% yr.) <br />Employment Density:- Public <br />1/250 SF <br />Manufacturing <br />1/600 SF <br />Warehouse <br />1/4500 SF <br />Flex /Lab <br />1/300 SF <br />Service <br />1/200 SF <br />Office <br />1/250 SF <br />Local Taxes .765 /$100 (Plus 5% yr) <br />(Plus Town Taxes) <br />Operating Costs .25 /SF (Plus 2 %) <br />Loan -to -Value Ratios 75% <br />25 <br />