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1020 Government Street, VictoriaLease SummaryThe property is leased to retailer Seeing is Believing. The lease was renewed in the summer of 2005for 5 years until April 30, 2010, at an annual rental of $85,400 ($51.60/sq.ft. on the main flooronly). It is thought that the current market rent for this area is in the range of $60-$65/sq.ft., as wellthere should be some rental value on the basement and second floor office area. There is no leaserenewal provision beyond April 2010. The present lease is absolute net with the tenant paying 100%of taxes and all operating costs.Zoning CA-3CThe zoning allows for a variety of uses, including retail sales, medical services, offices andrestaurants.Legal DescriptionLot 6, Block 75, Victoria District, Plan 219Taxes (2005) $33,327Assessments (2006)Land $ 517,000Improvements $ 742,000Total $1,259,000Price:One Million Eight Hundred Thousand ($1,800,000) DollarsFor Further Information Please Contact:Rick Pettinger(250)382-3400rick@jjbvictoria.comInformation contained herein has been obtained from the owners or sources deemed reliable by JJBarnicke Victoria Ltd.While we have no reason to doubt its accuracy, we regret that we cannot guarantee such information. All measurements andother information herein should be independently verified by the reader or prospective user and is subject to the user’s owninspection of the premises and due diligence work and to the user’s satisfaction with the results of such review.www.jjb.com

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