584 Broadway

Suite 603 · Partial 6th Floor

Assumptions

CommenceExpire8/30/2031TermMonthsFree RentMonthsRentable SFRSFDiscount Rate%

Base Rent

Base Rent$PSF

Operating Expenses

Fixed Increase Per Annum%Increase Begins8/31/2027

Real Estate Taxes

Base Amount$PSFIncrease%Multiple%Increase Begins8/31/2027

Operating, tax, and electric figures are illustrative — replaced with the building’s actual amounts when known.

Cash Flow

Period	Year Ending	Base $/SF	RE Taxes $/SF	Total $/SF	Monthly Avg	Per Annum	Cumulative
Year 1	8/30/2027	$85.00	$0.00	$85.00	$38,909	$466,905	$466,905
Year 2	8/30/2028	$87.12	$0.45	$87.57	$40,087	$481,049	$947,954
Year 3	8/30/2029	$89.30	$0.91	$90.22	$41,297	$495,560	$1,443,514
Year 4	8/30/2030	$91.54	$1.39	$92.93	$42,537	$510,446	$1,953,960
Year 5	8/30/2031	$93.82	$1.88	$95.71	$43,810	$525,717	$2,479,677
Total						$2,479,677	$2,479,677

Totals

Total rent, 5 years$2,479,677

Present value @ 8%$2,042,152

Average cost per annum$495,935

Net effective rate per annum @ 8%$493,599

Average cost per SF$90.28

Net effective rate per SF$89.86

Every figure above is a projection from the stated assumptions, offered for comparison between options — not a quote of terms.