Start	2001	2002	2003	2004	2005	End	Total
Base Rent	$0	$26,000	$27,820	$29,767	$31,851	$34,081	$0	$149,519
+ op	$0	$0	$0	$0	$0	$0	$0	$0
+ tax	$0	$0	$0	$0	$0	$0	$0	$0
+ net TI	($31,500)	$0	$0	$0	$0	$0	$0	($31,500)
+ Commission	($10,000)	$0	$0	$0	$0	$0	$0	($10,000)
+ parking	$0	$0	$0	$0	$0	$0	$0	$0
+ net buyout	$0	$0	$0	$0	$0	$0	$0	$0
+ moving	$0	$0	$0	$0	$0	$0	$0	$0
- free rent	$0	$0	$0	$0	$0	$0	$0	$0
Total $	($41,500)	$26,000	$27,820	$29,767	$31,851	$34,081	$0	$108,019
Total PV	($41,500)	$24,689	$23,800	$22,942	$22,115	$21,318	$0	$73,364
$/RSF	($10.38)	$6.50	$6.96	$7.44	$7.96	$8.52	$0.00	$27.00
$/USF	($10.92)	$6.84	$7.32	$7.83	$8.38	$8.97	$0.00	$28.43
PV/RSF	($10.38)	$6.17	$5.95	$5.74	$5.53	$5.33	$0.00	$18.34
PV/USF	($10.92)	$6.50	$6.26	$6.04	$5.82	$5.61	$0.00	$19.31