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Lease Comps Details <br />Lease Comps Report <br />495 State St - Historic Franklin Bldg <br />4 <br />Salem, OR 97301 - Marion County Submarket <br />LEASERENTS <br />SF Leased:531 SFAsking Rent:$22.56/FS <br />Sign Date:Sep 2018Starting Rent:$22.56/FS <br />Space Use:OfficeEffective Rent:$22.56/FS <br />Lease Type:Direct <br />Floor:4th Floor <br />CONCESSIONS AND BUILDOUT <br />Suite:417 <br />Asking Discount:0.00% <br />Mo. Free Rents:0 Months <br />LEASE TERM <br />Start Date:Oct 2018 <br />PROPERTY EXPENSES <br />Expiration Date:Oct 2020 <br />Taxes:$0.93/SF (2019) <br />Lease Term:2 Years <br />Operating Exp.:$2.17/SF (2012) <br />TIME ON MARKETTIME VACANT <br />Date On Market:Apr 2018Date Vacated:Apr 2018 <br />Date Off Market:Sep 2018Date Occupied:Oct 2018 <br />Months on Market:6 MonthsMonths Vacant:6 Months <br />LEASING REP <br />Mid-Valley Commercial Real Estate <br />MARKET AT LEASE <br />340 Vista Ave SE, Suite 150 <br />Salem, OR 97302-4546 <br />Vacancy Rates2018 Q3YOY <br />Jennifer A. Martin (503) 339-7400 <br />Current Building18.1%3.3% <br />Submarket 1-3 Star5.8%-0.4% <br />Market Overall5.7%-0.3% <br />PROPERTY <br />Property Type:OfficeRentable Area:33,830 SF <br />Same Store Asking Rent/SF2018 Q3YOY <br />Status:Built 1912Stories:6 <br />Current Building$23.2811.2% <br />Tenancy:MultiFloor Size:5,077 SF <br />Submarket 1-3 Star$18.881.8% <br />Class:BVacancy at Lease:18.1% <br />Market Overall$19.202.1% <br />Construction:MasonryLand Acres:0.13 <br />Parking:30 Surface Spaces a… <br />Submarket Leasing Activity2018 Q3YOY <br />12 Mo. Leased SF303,85927.1% <br />Months On Market7.9-0.3 <br />12/7/2020 <br />Copyrighted report licensed to MountainSeed Real Estate Services, LLC - <br />388813 <br />Page 4 <br /> <br />