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

CKE Properties

215-216 1,980

3.4% 8/1/2016 7/31/2021

Current

$6.00

$990

$11,880

Net

Net

Net

Comments

Renewal Options:

Tenant has two (2) options to renew its lease for three (3) years each.

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

Utility Services:

Jeremy Malenski (individual). Guarantee is only for the first 36 months of the lease.

Guarantor(s):

Note:

Lease start date is approximate based on expected move-in.

Imagine Dance Project, LLC d/b/a Imagine Dance Studio

217-219 4,900

8.4% 7/1/2016 6/30/2021

Current

$2.88

$1,175

$14,100

Net

Net

Net

7/1/2017

$3.37

$1,375

$16,500

7/1/2018 7/1/2019

$3.86 $4.35

$1,575 $1,775 $1,875

$18,900 $21,300 $22,500

7/1/2020 $4.59

Comments

Tenant has one (1) option to renew its lease for three (3) years at the prevailing market rate, but not to exceed $3,300 per month. Tenant must provide Landlord with at least three (3) months advance written notice.

Renewal Options:

Utility Services:

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

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

Permitted Use:

Sydnee Reese (individual).

Guarantor(s):

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