I threw in a quick 8 tenant retail center to test the model. My Future Tenant assumptions all reflect 100% Renewal Rate to basically assume every tenant Renews. However, in the O-OpSt tab, I am getting a value that increases each year in Downtime Vacancy which is being subtracted from Gross Potential Rent. I tried looking into the O-Calc tab, but I am still confused. Any information on how this is being calculated and/or what inputs I need to be entering in Future Tenant Assumptions would be greatly appreciated.
