Investment Summary

• SALE SUMMARY If the subject property was sold as a net leased investment (tenant signed a long term lease) assuming a lease rate of $55.00/SF/YR. or ($5,156 per month) the value would be approximately $1,547,000 which equates to a 4.00% Cap Rate. An Owner/User would command a higher valuation. The location is not as strong as The Village Downtown but is still considered strong, especially on a signalized corner. My opinion of value is $1,900,000 or $1,688.88 PSF for an owner/user buyer. I would feel comfortable bringing this to market at this number. LEASE SUMMARY Based on the lease comparables and making the necessary adjustments, my opinion of the market lease rate is $55.00/SF/YR. or $4.58/SF/Mo. or $5,156.25 per month NNN.