Delray Central OM

Base Case Rent Roll

Maximum Rent Alert ($/SF)

$100.00

Threshold: Violations:

DELRAY CENTRAL | RENT ROLL - 1625 BUILDING

0

TENANT INFORMATION

BASE RENT

UPON EXPIRATION

Lease Lease

Current Rent/Yr

Recovery Contract Method Rent

Market

% of

Expiration Assigned

Notes

Building

Tenant Name

Suite # Start

End

SF Date

$/SF

Rent

Market Assumption MLA

Hospice of Palm Beach County will vacate space effective 6/30/17

1625

VACANT (formerly Hospice)

100/175 4/1/18 3/31/23 8,826 4/1/18 $16.00

141,216

Net $18.01 $19.09 94.34% Market

Office

1625

Advantage RN

150 11/1/14 12/31/17 1,276 8/1/17 $14.59

18,612

Net $15.03 $16.00 93.94% Market

Office

11/1/17 $15.03

Office (1) ROFO : On any 3rd floor space

1625

Prologic Consumer Mktg

160/301 1/1/13 12/31/18 9,950 8/1/17 $15.91

158,304

Net $16.39 $16.80 97.56% Market

(2) Relocation : LL one-time right to relocate with 60 days notice

1/1/18 $16.39

1625

VACANT

190 1/1/18 12/31/22 3,240 1/1/18 $16.00

51,840

Net $18.01 $19.09 94.34% Market

Office

(2) ROFO : ROFO on any available space on 1st or 3rd floor (3) Security Deposit : $90,000 to be returned within 30 days of lease expiration (1) Renewal Option : One 3-Year Option with 365 days notice at fair market rent (1) Renewal Option : Two 5-year options with 365 days notice at fair market rent (2) ROFO : ROFO on any available space on 3rd floor (3) Relocation : LL may relocate with 120 days notice, new premises to contain 90% - 110% of current rentable area

1625

DRB Capital

200 4/1/14 4/30/20 19,223 8/1/17 $13.67

262,776

Net $14.50 $17.47 83.00% Market

Office

5/1/18 $14.08 5/1/19 $14.50

1625

ReliaBill Solutions

300 8/1/14 6/30/20 12,797 8/1/17 14.03

179,544

Net $14.60 $17.47 83.57% Market

Office

9/1/17 14.31 9/1/18 14.60 9/1/19 14.89

1625

Alfred Angelo

400 6/1/13 4/30/20 21,947 8/1/17 $13.51

296,424

Net $14.33 $17.47 82.03% Market

Office

6/1/18 $13.91 6/1/19 $14.33

Occupied Property 163,653 93% $14.04

$ $ $

2,296,889

Vacant Property 12,066

7% $16.00

193,056

Total Property 175,719 100% $14.17

2,489,945

Tenant Overview // Page 33