Re: 510 Delaware Street Unit #101 (Old Black Top Space) TERM SHEET. Net Rentable SqFt Approx. 6,281. Lease Term 5 Years. Landlord Work As-Is

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Ferdinand Morrison
5 years ago
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510 Delaware Re: 510 Delaware Street Unit #101 (Old Black Top Space) TERM SHEET Description of Space The approx 6,281 sqft of space

front. Net Rentable SqFt Approx. 6,281 Lease Term 5 Years Lease Rent - Start See Attached Date July Exhibit 1, 2008.

Water/ Sewer charges will be billed at the estimated rate until sub metered is installed.

(See Attached Exhibit E to Lease) HOA & CID - Tenant is responsible for any and all increase cost in monthly HOA & CID charges over

(See Attached Exhibit E to Lease) Mechanical Systems Landlord will deliver space with existing mechanical systems serviced and in

1 510 Delaware Re: 510 Delaware Street Unit #101 (Old Black Top Space) TERM SHEET Description of Space The approx 6,281 sqft of space #101. This space is entire ground floor of 510 Delaware with 2 entrances off the residential courtyard and the main entrance in the front. Net Rentable SqFt Approx. 6,281 Lease Term 5 Years Lease Rent - Start See Attached Date July Exhibit 1, E to lease Utilities all utilities are net of rent. All utilities will be sub metered and will be the responsibility of the tenant. Water/ Sewer charges will be billed at the estimated rate until sub metered is installed. Taxes Tenant is responsible for any and all increase cost in Real Estate taxes over and above the base year of (See Attached Exhibit E to Lease) HOA & CID - Tenant is responsible for any and all increase cost in monthly HOA & CID charges over and above the base month of December (See Attached Exhibit E to Lease) Mechanical Systems Landlord will deliver space with existing mechanical systems serviced and in good working order. Tenant will be responsible for the service, maintenance, repair and replacement of all mechanical systems during the lease. Parking Parking spaces are located in the H lot as provided in the parking agreement. Signage As allowed per code and with developer s approval. Landlord Work As-Is

2 EXHIBIT E Lease Commenment Date 7/1/2008 Square Footage 6, Delaware Unit #101 Rent Schedule $ $ Per SqFt Monthly Rent Payment Monthly Monthly Water & Total Due Dates SqFt Rent Rent Sewer Monthly 1 7/1/2008 6,281 $6, $13.00 $ $6, /1/2008 6,281 $6, $13.00 $ $6, /1/2008 6,281 $6, $13.00 $ $6, /1/2008 6,281 $6, $13.00 $ $6, /1/2008 6,281 $6, $13.00 $ $6, /1/2008 6,281 $6, $13.00 $ $6, /1/2009 6,281 $6, $13.00 $ $6, /1/2009 6,281 $6, $13.00 $ $6, /1/2009 6,281 $6, $13.00 $ $6, /1/2009 6,281 $6, $13.00 $ $6, /1/2009 6,281 $6, $13.00 $ $6, /1/2009 6,281 $6, $13.00 $ $6, /1/2009 6,281 $7, $14.00 $ $7, /1/2009 6,281 $7, $14.00 $ $7, /1/2009 6,281 $7, $14.00 $ $7, /1/2009 6,281 $7, $14.00 $ $7, /1/2009 6,281 $7, $14.00 $ $7, /1/2009 6,281 $7, $14.00 $ $7, /1/2010 6,281 $7, $14.00 $ $7, /1/2010 6,281 $7, $14.00 $ $7, /1/2010 6,281 $7, $14.00 $ $7, /1/2010 6,281 $7, $14.00 $ $7, /1/2010 6,281 $7, $14.00 $ $7, /1/2010 6,281 $7, $14.00 $ $7, /1/2010 6,281 $7, $15.00 $ $8, /1/2010 6,281 $7, $15.00 $ $8, /1/2010 6,281 $7, $15.00 $ $8, /1/2010 6,281 $7, $15.00 $ $8, /1/2010 6,281 $7, $15.00 $ $8, /1/2010 6,281 $7, $15.00 $ $8, /1/2011 6,281 $7, $15.00 $ $8, /1/2011 6,281 $7, $15.00 $ $8, /1/2011 6,281 $7, $15.00 $ $8, /1/2011 6,281 $7, $15.00 $ $8, /1/2011 6,281 $7, $15.00 $ $8, /1/2011 6,281 $7, $15.00 $ $8, /1/2011 6,281 $8, $16.00 $ $8, /1/2011 6,281 $8, $16.00 $ $8, /1/2011 6,281 $8, $16.00 $ $8, /1/2011 6,281 $8, $16.00 $ $8, /1/2011 6,281 $8, $16.00 $ $8, /1/2011 6,281 $8, $16.00 $ $8, /1/2012 6,281 $8, $16.00 $ $8, /1/2012 6,281 $8, $16.00 $ $8, /1/2012 6,281 $8, $16.00 $ $8, /1/2012 6,281 $8, $16.00 $ $8, /1/2012 6,281 $8, $16.00 $ $8, /1/2012 6,281 $8, $16.00 $ $8, /1/2012 6,281 $8, $17.00 $ $9, /1/2012 6,281 $8, $17.00 $ $9, /1/2012 6,281 $8, $17.00 $ $9, /1/2012 6,281 $8, $17.00 $ $9, /1/2012 6,281 $8, $17.00 $ $9, /1/2012 6,281 $8, $17.00 $ $9, /1/2013 6,281 $8, $17.00 $ $9, /1/2013 6,281 $8, $17.00 $ $9, /1/2013 6,281 $8, $17.00 $ $9, /1/2013 6,281 $8, $17.00 $ $9, /1/2013 6,281 $8, $17.00 $ $9, /1/2013 6,281 $8, $17.00 $ $9, $471, $9, $480, Note: Water & Sewer Chrages are not set and will increase. HOA CID HOA & CID Base Month Decemeber 2007 $1, $38.00 $1, Real Estate Taxes Base Year Decemeber $58, $3,

3 510 DElaware Residential Lobby First Floor 6,281 appx sq. ft. N of Note: All dimensions, layouts and details shown are approximate and subject to errors and omissions. Developer and owner make no representation as to accuracy of floor plans and locations bathroom fixtures, kitchen fixtures, appliances, closets, etc.

412 Suite unit-102 Description of Space The approx 1,495 sqft of space #102. This space is located backside of 412 Delaware with entrance off the residential courtyard. Net Rentable SqFt Approx.

All utilities will be sub metered and will be the responsibility of the tenant. Water/ Sewer charges will be billed at the estimated rate until sub metered is installed.

(See Attached Exhibit E to Lease) HOA&CID- Tenant is responsible for any and all increase cost in monthly HOA & CID charges over and above the base month of December 2007.

4 412 Suite unit-102 Description of Space The approx 1,495 sqft of space #102. This space is located backside of 412 Delaware with entrance off the residential courtyard. Net Rentable SqFt Approx.1,495 Lease Term 3Years Rent See Attached Exhibit E to Lease Lease Start Date Immediately Utilities all utilities are net of rent. All utilities will be sub metered and will be the responsibility of the tenant. Water/ Sewer charges will be billed at the estimated rate until sub metered is installed. Taxes Tenant is responsible for any and all increase cost in Real Estate taxes over and above the base year of (See Attached Exhibit E to Lease) HOA&CID- Tenant is responsible for any and all increase cost in monthly HOA & CID charges over and above the base month of December (See Attached Exhibit E to Lease) Mechanical Systems Landlord will deliver space with existing mechanical systems serviced and in good working order. Tenant will be responsible for the service, maintenance, repair and replacement of all mechanical systems during the lease. Parking Parking spaces in the attached lot as provided in the parking agreement. Signage As allowed per code and with developer s approval. Landlord Work As-Is Farmers Market

500 Delaware St. Unit B-1 Description of Space The approx 2, 59 sqft of space # -1.

2, 59 Lease Term 3 Years or 5 years Rent - 11 per SqFt Lease Start Date Immediately Utilities all utilities are net of rent. This is a subdivided space.

There is no gas service to the space. Taxes Tenant is responsible for any and all increase cost in Real Estate taxes over and above the base year of 2007.

5 500 Delaware St. Unit B-1 Description of Space The approx 2, 59 sqft of space # -1. This space is front space of the ground floor of 500 Delaware with 1 entrance off the residential courtyard and the main entrance in the front. Net Rentable SqFt Approx. 2, 59 Lease Term 3 Years or 5 years Rent - 11 per SqFt Lease Start Date Immediately Utilities all utilities are net of rent. This is a subdivided space. The front space -1 and the backspace -2 share one electric meter. Tenant will split the cost of the actual utility bill for electric. Water/Sewer charges will be billed at the estimated rate. There is no gas service to the space. Taxes Tenant is responsible for any and all increase cost in Real Estate taxes over and above the base year of (See Attached Exhibit E to Lease) HOA & CID - Tenant is responsible for any and all increase cost in monthly HOA & CID charges over and above the base month of December (See Attached Exhibit E to Lease) Mechanical Systems Landlord will deliver space with existing mechanical systems serviced and in good working order. Tenant will be responsible for the service, maintenance, repair and replacement of all mechanical systems during the lease. Parking Parking spaces are located in the H lot as provided in the parking agreement. Three parking permits per 1000 sq ft. Signage As allowed per code and with developer s approval. Landlord Work As-Is Courtyard

6 Fir Water a Meter 500 DElaware 3,304 appx sq. ft. B-2 Of HVAC Switch G 2,859 appx sq. ft. B-1 Common E N Note: All dimensions, layouts and details shown are approximate and subject to errors and omissions. Developer and owner make no representation as to accuracy of floor plans and locations of bathroom fixtures, kitchen fixtures, appliances, closets, etc.

7 500 DElaware Courtyard Fireplace 3,304 appx sq. ft. B-2 Switch Gear Room 3,979 appx sq. ft. B-1 Common Space Elevator Water and Gas Meter Room N Note: All dimensions, layouts and details shown are approximate and subject to errors and omissions. Developer and owner make no representation as to accuracy of floor plans and locations of bathroom fixtures, kitchen fixtures, appliances, closets, etc.

311 Delaware Patio Space Description of Space 311 Delaware Street #Patio Level (EAST) Net Rentable SqFt 3,147 Lease Term 5Year Rent See Attached Exhibit E to Lease Lease Start Date Immediately anuary

Tenant will split the cost of the actual utility bill for gas and electric, East (51 ) & West (49 ). Water/ Sewer Charges will be billed at the estimated rate of 44. 5 monthly.

(See Attached Exhibit E to Lease) HOA & CID - Tenant is responsible for any and all increased cost in monthly HOA & CID charges over and above the base month of December 2007 ( 332.30).

8 311 Delaware Patio Space Description of Space 311 Delaware Street #Patio Level (EAST) Net Rentable SqFt 3,147 Lease Term 5Year Rent See Attached Exhibit E to Lease Lease Start Date Immediately anuary 1, 200. Utilities all utilities are net of rent. This is a subdivided space. The Patio Level West and East share one gas and one electric meter. Tenant will split the cost of the actual utility bill for gas and electric, East (51 ) & West (49 ). Water/ Sewer Charges will be billed at the estimated rate of monthly. Taxes Tenant is responsible for any and all increased cost in annual Real Estate taxes over and above the base year of 2007 ( 1,0 0.33). (See Attached Exhibit E to Lease) HOA & CID - Tenant is responsible for any and all increased cost in monthly HOA & CID charges over and above the base month of December 2007 ( ). (See Attached Exhibit E to Lease) Mechanical Systems Landlord will deliver space with existing mechanical systems serviced and in good working order. Tenant will be responsible for the service, maintenance, repair and replacement of all mechanical systems during the lease. The cost will be split between the East (51 ) & West (49 ) space. Parking Parking spaces are provided in lot H as provided in the URD parking agreement. Signage As allowed per code and with developer s approval. Landlord Work Deliver space in a clean white shell. As-Is Park Farmers Market

9 309 DElaware(the ebenezer building) atio evel 3,147 appx. sq. ft. atio 311 Delaware Street Entrance Old Vault Full Bath N of Note: All dimensions, layouts and details shown are approximate and subject to errors and omissions. Developer and owner make no representation as to accuracy of floor plans and locations bathroom fixtures, kitchen fixtures, appliances, closets, etc.

526 Park Way Chula Vista, Kelly O Connor- ACI

526 Park Way Chula Vista, Kelly O Connor- ACI 526 Park Way Chula Vista, 91910 Kelly O Connor- ACI 619.247.2123 526 PARK WAY LOCATION MAP Area Description: Chula Vista is the second largest city in the San Diego metropolitan area. The population was