Lake Meridian Marketplace

Lake Meridian Marketplace - Rent RollLake Meridian Marketplace2011 MonthlyFuture Rent Increases Rent IncreasesOptions Tenant Name Unit Approx. Rentable % of SF Occupancy Date Lease ExpirationRent/SFLease TypeBase RentDate Monthly PPSF 2011Available 12900 3,250 1.87% $5,958 $22.00 NNNcomments: Landlord was is in discussions with tenant to open a bank branch @ $25.85/SF.Available 12906 1,078 0.62% $1,976 $22.00 NNNcomments: (Former Starbucks)Available 12908 1,307 0.75% $2,396 $22.00 NNNcomments: Former Knowledgepoints Learning Center.1-5 YR Olive Tree Restaurant 12910 1,300 0.75% 10/8/09 10/7/14 $1,842 $17.00 10/1/11 $1,897 $17.51 $442 NNN180 days notice comments: Option rent is fixed with 3% annual increases.10/1/12 $1,954 $18.04Fixed 10/1/13 $2,012 $18.571-4 YR Saigon Rose 12912 2,897 1.66% 4/2/01 12/31/12 $4,000 $16.57 5/1/12 $4,150 $17.19 $150 Gross180 days notice comments: Option rents are fixed at $3,621.25/mo with 3% annual increases.FixedAvailable 12916 2,565 1.47% $4,275 $20.00 NNNcomments:None Pet Clinic of Kent 12918 1,720 0.99% 7/1/00 M-T-M $2,800 $19.53 NNNcomments:Available 12920 1,415 0.81% $2,358 $20.00 NNNcomments: Former Jackson Hewitt.3-5 YR 24 Hour Fitness 12922 45,000 25.86% 6/18/08 7/31/23 $87,188 $23.25 8/1/13 $98,086 $26.16 NNN120 days notice comments: Space is part of the 56,482 SF space previously occupied by Albertson's. Option rents fixed with 12.5% increases every 5 years.8/1/18 $110,347 $29.43FixedAvailable 12926 11,501 6.61% $15,335 $16.00 NNNcomments: Former Lupita's International Market. Space is part of the 56,482 SF space previously occupied by Albertson's.None Seattle Sun Tan 12928 3,459 1.99% 2/3/04 6/30/14 $7,090 $24.60 5/1/12 $7,303 $25.34 $213 NNNcomments:5/1/13 $7,522 $26.101-5 YR The Grape Adventure 12930 2,767 1.59% 1/1/07 12/31/13 $5,710 $24.76 1/1/12 $5,881 $25.50 $855 NNN180 days notice comments: Option rent is based on the greater of CPI or 3% with 3% annual increases thereafter.1/1/13 $6,057 $26.27CPINone The UPS Store 12932 1,614 0.93% 9/1/00 8/31/15 $1,748 $13.00 9/1/11 $1,797 $13.36 $441 NNNcomments:9/1/12 $1,847 $13.739/1/13 $1,908 $14.199/1/14 $1,969 $14.64Available 12934 1,934 1.11% $3,546 $22.00 NNNcomments: Was previously occupied by The Grape Adventure until store relocation.This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.10