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Income Approach -- continued <br />Rental Comparable #2 <br />.,, <br />1 <br />�"'.. <br />J_ <br />♦' <br />I a SA - <br />• <br />1 <br />ai ■ <br />2801 St. Germain Street West <br />St. Cloud <br />Showroom use property <br />Rent Rate: $5.00 per SF, Net <br />s 31 In a.T - <br />1 112 SI S <br />' <br />4474 t <br />I W <br />;T 3 <br />V. <br />c 2rd Si. 5 <br />. <br />sas <br />140. 5 <br />A. 2 <br />l <br />Property Data <br />Address: 2801 St. Germain Street West, St. Cloud <br />Property Use: Showroom <br />Tenancy: Single <br />Site size: 58,516 SF <br />Land to Bldg Ratio (x to 1): 3.7 to 1 <br />Year Built / Effective Age: 1977 / E20 <br />Parking: Adequate <br />Quality/Appeal: Average <br />Condition: Average <br />GBA: 16,000 SF <br />Basement: n/a <br />Comments: <br />Average condition and appeal commercial showroom building. <br />Rental Data <br />Tenant Size: 16,000 SF <br />Lease Rate per SF: $5.00 per SF <br />Current/Pending/Listing: Asking <br />Lease Type: Net <br />Lease Dates: Asking <br />Expenses per SF: $4.00 per SF <br />Source/Verification: MnCar <br />Comments: <br />Asking rent rate. <br />Nagel) Appraisal Incorporated 1952.544.8966 <br />