Rental Cost - STC space at AYH

Rental Cost - STC space at AYH Scenario A Current space(STC). Scenario B New Space Square ft. CURRENT RENTAL RATES CHARGED BY AYH 2,800 6,000 Price per square ft. 31.98 A. 25.99 Cam per square ft. 11.44 11.44 Total current cost per sq. ft. 43.42 37.43 Total current annual cost $ 121,576 $ 224,580 PROPOSED RENTAL RATES TO REFLCT A $6 per Sq ft. DISCOUNT Proposed 25.98 19.99 CAM ( will fluctuate on an annual basis) 11.44 11.44 Total proposed cost per sq. ft. 37.42 31.43 Total proposed annual rent cost $ 104,776 $ 188,580 Annual saving 16,800 36,000 A. Base rent on current lease was $28.41 a square ft. (commencement Oct 2009) and has increased annually by the CPI(historically 3%) current $31.98 a sq. ft.) B. Trust Asset rent per sq ft as provided on a rent roll received from AYH in 2013 B. EFTA01177604