Industrial Warehouse Pro Forma
Real Estate Excel Template (Free Download)
Convert leases, occupancy, rent escalation, recoveries, expenses, and capital needs into a projected industrial warehouse output.
professionals from Deloitte
About this pro forma
This pro forma presents projected operating and investment results for an industrial warehouse asset. The underlying Excel model is the engine: tenant leases, rent steps, downtime, operating-expense recoveries, taxes, insurance, maintenance, capex, debt, and exit assumptions produce the projected NOI and returns.
Use the output to underwrite acquisitions, renewals, leasing risk, capital plans, and the value impact of occupancy and rent growth.
What every model includes
Live formulas, no hardcoded values
Outputs are driven by live formulas, so the workbook updates from its assumptions instead of relying on hardcoded results.
All assumptions in one tab
Inputs are clearly marked in the Assumptions tab and separated from calculations, making it clear what to change and what to leave intact.
Statements always balancing
For integrated-statement models, the balance sheet, cash flow, and supporting schedules tie through properly.
Distinct schedules for clarity
Debt, working capital, taxes, and cash flow can get messy quickly. We group calculations in clear schedules, not across disconnected tabs.
No hidden macros or external links
There are no unexplained external workbook links or macros to undermine auditability or portability.
Changes flow through the model
Update a key driver and see the impact carry through the forecast, financing, and return outputs. We never use hardcoded numbers in formulas.
What's inside the Industrial Warehouse Pro Forma
- Projected tenant lease roll-forward and occupancy
- Projected base rent, escalations, renewals, and downtime
- Projected recoveries for taxes, insurance, and CAM
- Projected operating expenses, NOI, EBITDA, and net income
- Projected tenant improvements, leasing commissions, and capex
- Projected debt service, cash flow, cap-rate valuation, and returns
Formatted to IB standards
Named theme colors repaint the whole workbook in one click, on top of an investment-banking structure with clear input, output, and cross-sheet reference styling - brand-ready, institutional-grade, and fully auditable.
Created by ex-finance professionals
Hey, I’m Alex and I created Finamodel.
Over my years in the finance industry I kept building the same models over and over again. Same structure, same assumptions, different logo. So I started building frameworks to turn them into clean, reusable templates.
Every model here is one I’d actually use for a client, and I personally vet each one before it goes up.
I’m not an expert in every industry, but I’ve built enough models to know what belongs in one. And when something is completely foreign to me, I reach out to my network for experts to work on our models with us.
Having a template library on hand cuts a first build from hours to minutes.
Need help finding your model? You’ll find me in the Finamodel app!
Frequently asked
What does an industrial warehouse pro forma show?+
It shows projected leases, rent, occupancy, recoveries, expenses, NOI, capex, cash flow, and property value.
How are recoveries projected?+
The model applies lease and base-year assumptions to taxes, insurance, and common-area expenses that tenants reimburse.
Who uses this pro forma?+
Industrial owners, investors, lenders, brokers, asset managers, and acquisition teams use it for underwriting.
Can I test renewal risk?+
Yes. Flex downtime, renewal rent, market rent, escalations, expenses, cap rates, and tenant improvement costs.
Have more financial modelling questions? Contact us
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