Cottleville Corners Offering Memorandum

RENT ROLL TENANCY

Reimbursements

Leased Square Feet

Lease End

Rent Step Date

Annual Rent (PSF)

Monthly Rent ($)

Annual Rent ($)

Tenant

Suite

GLA % Lease Start

CAM INS

RET

Aprel Mgt, LLC

114-115 2,004 3.4% 6/1/2015 6/30/2020 Current

$9.50

$1,586

$19,032

Net

Net

Net

d/b/a Cyan Art Studios

7/1/2017 7/1/2018 7/1/2019

$10.00 $10.50

$1,670 $1,754

$20,040

$21,042

$11.00

$1,837

$22,044

Comments

Utility Services:

Tenant is responsible for separately-metered utilities for its Premises.

Permitted Use:

Tenant shall use its Premise solely as an Art Studio and Gallery and for no other purpose without Landlord’s prior written consent.

Guarantor(s):

Cathy Herbert and Dennis Herbert (individuals).

Vacant

116

1,220

2.1%

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