Question: Part One Directions Complete pro forma for NOI Commercial Complex 4 tenants Property will be held for 5 years Tenant Lease Type Size Current Lease

 Part One Directions Complete pro forma for NOI Commercial Complex 4

Part One Directions Complete pro forma for NOI Commercial Complex 4 tenants Property will be held for 5 years Tenant Lease Type Size Current Lease Rate Rent Growth CAM Bank NNN Outparcel $85,250/yr 2.15% $4.50/ sq ft Retailer Percentage 3,125 foot Plus 4.55% Tenant revenue is Limited to expected to $2.75 per sa grow at 2.5% per year Pro rata on Year 1 sq feet Revenues are $310,000 revenue Office 9,600 $21.00/ sq ft CPI None Limited to $5.25 per sa foot Office 4,375 $22.50/ sq ft CPI Pro rata on sq feet OP EX Category Cost Growth Rate Utilities $3.25 per sq ft 2.85% per year Taxes $11,627 per year 2.75% per year Insurance $2.75 per sq ft 2.0% per year Maintenance $3.15 per sq ft 3.15% per year CPI Rate Years 1-3 1.75% Years 4-7 2.25% Years 8-10 3.25% Part One Directions Complete pro forma for NOI Commercial Complex 4 tenants Property will be held for 5 years Tenant Lease Type Size Current Lease Rate Rent Growth CAM Bank NNN Outparcel $85,250/yr 2.15% $4.50/ sq ft Retailer Percentage 3,125 foot Plus 4.55% Tenant revenue is Limited to expected to $2.75 per sa grow at 2.5% per year Pro rata on Year 1 sq feet Revenues are $310,000 revenue Office 9,600 $21.00/ sq ft CPI None Limited to $5.25 per sa foot Office 4,375 $22.50/ sq ft CPI Pro rata on sq feet OP EX Category Cost Growth Rate Utilities $3.25 per sq ft 2.85% per year Taxes $11,627 per year 2.75% per year Insurance $2.75 per sq ft 2.0% per year Maintenance $3.15 per sq ft 3.15% per year CPI Rate Years 1-3 1.75% Years 4-7 2.25% Years 8-10 3.25%

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