R15600 - Occupancy/Vacancy Listing

You can use the Occupancy/Vacancy Listing report (R15600) to view a list of vacant units as of the date that you specify.

You can use this report to view this information:

  • Square footage.

  • Rental rate per square foot.

  • Undefined square footage.

  • Annual rent.

    To calculate the annual rent, the system multiplies the quantity in the Rate Per Sq Foot field by the quantity in the Square Feet field.

  • Monthly rent.

    To calculate the monthly rent, the system divides the annual rent by 12.

  • Lost Rent to Date.

    To calculate the lost rent, the system divides the monthly rent by 30 and then multiplies that quantity by the quantity of Days Vacant.

    Note: The system does not calculate lost rent for interim periods of vacancy. For example, suppose that during the course of a month, a unit was occupied from days 1-10, vacant from days 11-15, and then occupied from days 16-31. If the Report As Of Date is the 31st of the month, the system does not calculate the rent lost for days 11-15.

    The Annual Rent, Monthly Rent, and Rental Lost To Date columns are based on the Rate Per Sq Foot value and Square Feet values for a unit.

  • Date on which the unit became vacant or occupied.

    The Date Since column contains the date that the unit became vacant and is based on the date that the most recent tenant moved out. To calculate this date, the system adds one day to the tenant's move-out date.

    The Days Vacant column indicates the number of days that the unit has been vacant. This value is the number of calendar days between the dates in the Date Since column and the As Of Date.

This report is based on the Unit Master table (F1507) and can include information from the Business Unit Master table (F0006). Based on processing option selections, the report displays all of the occupied units and the square footage summaries.

Note: The system determines the amount in the Rental Lost To Date column based on the rent type that you specify in the Rent Selection field in the processing options. The choices are Market, Renewal, or Potential. This selection appears on the column headings for Rate Per Sq Ft, Monthly Rent, and Annual Rent.