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RENT ROLL
TENANCY
Reimbursements
Tenant
Suite
Leased
Square
Feet
GLA % Lease Start
Lease
End
Rent Step
Date
Annual Rent
(PSF)
Monthly
Rent ($)
Annual Rent
($)
CAM INS
RET
Aprel Mgt, LLC
114-115 2,004 3.4% 6/1/2015 6/30/2020 Current
$9.50
$1,586
$19,032
Net
Net
Net
d/b/a Cyan Art Studios
7/1/2017
$10.00
$1,670
$20,040
7/1/2018
$10.50
$1,754
$21,042
7/1/2019
$11.00
$1,837
$22,044
Comments
Utility Services:
Tenant is responsible for separately-metered utilities for its Premises.
Permitted Use:
Tenant shall use its Premise solely as an Art Studio and Gallery and for no other purpose without Landlord’s prior written consent.
Guarantor(s):
Cathy Herbert and Dennis Herbert (individuals).
PAGE 26
Vacant
116
1,220
2.1%