Page 30 - Tradd Management Proposal- 224 Fresh Drive Retail Center

Management Proposal for 224 Fresh Drive Retail Center

Management Agreement Cost Proposal

M a n a g e m e n t A g r e e m e n t C o s t P r o p o s a l S u m m a r y

There are three components to the Tradd Management Cost Proposal: the Set‐Up Fee often referred to
as a Transitional Fee, a Management Service Fee and Other Services.

S et-Up Fee

The Set Up Fee is an initial onetime cost. A large amount of time is allocated to the collection of
information, input of owner, property and tenant data, financial data, property inspections, contractor
meetings, and property owner meetings.

The onetime Set‐Up Fee is WAIVED.

Management Service Fee

The Management Service Fee is a monthly cost charged to the property owner for services rendered as
outlined in the Management Agreement.

The Management Service Fee is a monthly fee of 5% of gross receipts and/or $1250.00 per month, the
greater thereof.

Other Services

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