PRO: You can raise the rent to cover the high average of utilities.

The units are all metered independently so I don't have to subtract anything from rents other than typical vacancy, cap x, monthly expense averages..etc. 

I have an accepted purchase agreement on a 85,000 square feet industrial building. 

I use MailChimp because it is currently free and I can easily export my records into universal templates that may be imported into more complex software.My recommendation is checking out this video by a YouTube content creator in your industry. 

How does the median income stack up to the national average and are incomes growing?

Finally, what are the average rents for the area?

I am looking at developing a few industrial properties and want to be able to base my underwriting correctly if I should include the management fee in the CAMs once the property is up an running.  

When you start out just do what is average. 

I am looking at developing a few industrial properties and want to be able to base my underwriting correctly if I should include the property management fee in the CAMs once the property is up an running.  

Average 30year rate right now is 4.65%.