Office and retail
Rollover, tenant by tenant
Every tenant rolls on its own schedule, carrying its own improvements, commissions, downtime, and renewal odds. Recoveries and percentage rent follow the lease language.
Rollover the way leases work
Each expiry resolves to a renewal or a re-lease. A re-lease carries downtime, tenant improvements, and a leasing commission before rent restarts, and Altyst runs every one of those turns across the hold.
- Improvements and commissions per lease, with downtime
- Renewal odds blend renewing and re-leasing
- Free rent carried as an abatement
Anchor, expiry Yr 442% NRA6 mo downtime
TI on rollover$45 / SFNew lease
Renewal probability70%Blended
Recoveries and percentage rent
Base-year stops and net recoveries pass operating costs back to tenants, and retail leases add percentage rent above the breakpoint. Each reimbursement resets on its own terms at rollover, so nothing is counted twice.
- Base-year stops and net recoveries
- Percentage rent above a sales breakpoint
- Recoveries reset at rollover, never double-counted
Expense stopsNNN recoveriesPercentage rentTI / LCDowntime
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