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Income Approach -- continued <br />Rental Comparable #6 <br />-_ems <br />}} <br />' 1 <br />103040000042 1 <br />)., bi- <br />ibU—.....-a _.. <br />:'' <br />L <br />i rr..i-- <br />210 7th Street Northeast <br />_ vi <br />I e, Mr 4 <br />„a " t # <br />Buffalo <br />` <br />Office/Shop use property <br />Rent Rate: $5.15 per SF, Net <br />X*1 S7 .IF <br />P <br />§ 1 iLit gl <br />it `""" " <br />= a Y <br />2.1p %, P s V , :5„ 54 NE Y. <br />Property Data <br />Address: 210 7th Street Northeast, Buffalo <br />Property Use: Office/Shop <br />Tenancy: Single <br />Site size: 12,592 SF <br />Land to Bldg Ratio (x to 1): 3.1 to 1 <br />Year Built / Effective Age: 1936 / E30 <br />Parking: Adequate <br />Quality/Appeal: Average <br />Condition: Average <br />GBA: 4,000 SF <br />Basement: n/a <br />Office/shop property located in outlying community of Buffalo. Property rated to have average <br />Comments: overall appeal and to be in average condition. Competing overall use, appeal, single user <br />layout, and brackets the GBA of the subject. Shop space has concrete block exterior. <br />Rental Data <br />Tenant Size: 4,000 SF <br />Lease Rate per SF: $5.15 per SF <br />Current/Pending/Listing: Current <br />Lease Type: Net <br />Lease Dates: 2013 - 2023 <br />Expenses per SF: $3.60 per SF <br />Source/Verification: Appraiser Files <br />Comments: Current rent rate of a competing property. <br />Nagel) Appraisal Incorporated 1952.544.8966 <br />