StartJan 01Feb 01Mar 01Apr 01May 01Jun 01Jul 01Aug 01Sep 01Oct 01Nov 01Dec 01Ttl 01Jan 02Feb 02Mar 02Apr 02May 02Jun 02Jul 02Aug 02Sep 02Oct 02Nov 02Dec 02Ttl 02Jan 03Feb 03Mar 03Apr 03May 03Jun 03Jul 03Aug 03Sep 03Oct 03Nov 03Dec 03Ttl 03Jan 04Feb 04Mar 04Apr 04May 04Jun 04Jul 04Aug 04Sep 04Oct 04Nov 04Dec 04Ttl 04Jan 05Feb 05Mar 05Apr 05May 05Jun 05Jul 05Aug 05Sep 05Oct 05Nov 05Dec 05Ttl 05EndTotal
Base Rent$0$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$37,200$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$37,200$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$37,200$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$37,200$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$3,100$37,200$0$186,000
+ op$0($450)($450)($450)($450)($450)($450)($450)($450)($450)($450)($450)($450)($5,400)($482)($482)($482)($482)($482)($482)($482)($482)($482)($482)($482)($482)($5,778)($515)($515)($515)($515)($515)($515)($515)($515)($515)($515)($515)($515)($6,182)($551)($551)($551)($551)($551)($551)($551)($551)($551)($551)($551)($551)($6,615)($590)($590)($590)($590)($590)($590)($590)($590)($590)($590)($590)($590)($7,078)$0($31,054)
+ tax$0($83)($83)($83)($83)($83)($83)($83)($83)($83)($83)($83)($83)($1,000)($85)($85)($85)($85)($85)($85)($85)($85)($85)($85)($85)($85)($1,020)($87)($87)($87)($87)($87)($87)($87)($87)($87)($87)($87)($87)($1,040)($88)($88)($88)($88)($88)($88)($88)($88)($88)($88)($88)($88)($1,061)($90)($90)($90)($90)($90)($90)($90)($90)($90)($90)($90)($90)($1,082)$0($5,204)
+ net TI($31,500)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0($31,500)
+ Commission($10,000)$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0($10,000)
+ parking$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
+ net buyout$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
+ moving$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
- free rent$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0
Total $($41,500)$2,567$2,567$2,567$2,567$2,567$2,567$2,567$2,567$2,567$2,567$2,567$2,567$30,800$2,534$2,534$2,534$2,534$2,534$2,534$2,534$2,534$2,534$2,534$2,534$2,534$30,402$2,498$2,498$2,498$2,498$2,498$2,498$2,498$2,498$2,498$2,498$2,498$2,498$29,977$2,460$2,460$2,460$2,460$2,460$2,460$2,460$2,460$2,460$2,460$2,460$2,460$29,524$2,420$2,420$2,420$2,420$2,420$2,420$2,420$2,420$2,420$2,420$2,420$2,420$29,039$0$108,242
Total PV($41,500)$2,556$2,533$2,511$2,490$2,468$2,447$2,426$2,405$2,384$2,363$2,343$2,322$29,247$2,273$2,253$2,233$2,214$2,195$2,176$2,157$2,138$2,120$2,101$2,083$2,065$26,008$2,019$2,001$1,984$1,967$1,950$1,933$1,916$1,899$1,883$1,867$1,851$1,835$23,104$1,791$1,776$1,760$1,745$1,730$1,715$1,700$1,685$1,671$1,656$1,642$1,628$20,499$1,587$1,573$1,560$1,546$1,533$1,520$1,506$1,493$1,481$1,468$1,455$1,442$18,165$0$75,523
$/RSF($10.38)$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$7.70$0.63$0.63$0.63$0.63$0.63$0.63$0.63$0.63$0.63$0.63$0.63$0.63$7.60$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$7.49$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$0.62$7.38$0.60$0.60$0.60$0.60$0.60$0.60$0.60$0.60$0.60$0.60$0.60$0.60$7.26$0.00$27.06
$/USF($10.92)$0.68$0.68$0.68$0.68$0.68$0.68$0.68$0.68$0.68$0.68$0.68$0.68$8.11$0.67$0.67$0.67$0.67$0.67$0.67$0.67$0.67$0.67$0.67$0.67$0.67$8.00$0.66$0.66$0.66$0.66$0.66$0.66$0.66$0.66$0.66$0.66$0.66$0.66$7.89$0.65$0.65$0.65$0.65$0.65$0.65$0.65$0.65$0.65$0.65$0.65$0.65$7.77$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$0.64$7.64$0.00$28.48
PV/RSF($10.38)$0.64$0.63$0.63$0.62$0.62$0.61$0.61$0.60$0.60$0.59$0.59$0.58$7.31$0.57$0.56$0.56$0.55$0.55$0.54$0.54$0.53$0.53$0.53$0.52$0.52$6.50$0.50$0.50$0.50$0.49$0.49$0.48$0.48$0.47$0.47$0.47$0.46$0.46$5.78$0.45$0.44$0.44$0.44$0.43$0.43$0.42$0.42$0.42$0.41$0.41$0.41$5.12$0.40$0.39$0.39$0.39$0.38$0.38$0.38$0.37$0.37$0.37$0.36$0.36$4.54$0.00$18.88
PV/USF($10.92)$0.67$0.67$0.66$0.66$0.65$0.64$0.64$0.63$0.63$0.62$0.62$0.61$7.70$0.60$0.59$0.59$0.58$0.58$0.57$0.57$0.56$0.56$0.55$0.55$0.54$6.84$0.53$0.53$0.52$0.52$0.51$0.51$0.50$0.50$0.50$0.49$0.49$0.48$6.08$0.47$0.47$0.46$0.46$0.46$0.45$0.45$0.44$0.44$0.44$0.43$0.43$5.39$0.42$0.41$0.41$0.41$0.40$0.40$0.40$0.39$0.39$0.39$0.38$0.38$4.78$0.00$19.87