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Lease Comps Details <br />Lease Comps Report <br />388 State St - Capitol Center <br />1 <br />Salem, OR 97301 - Marion County Submarket <br />LEASERENTS <br />SF Leased:245 SFAsking Rent:$24.00/MG <br />Sign Date:Aug 2019Starting Rent:$24.00/MG <br />Space Use:OfficeEffective Rent:$24.36/MG <br />Lease Type:Direct <br />Floor:4th Floor <br />CONCESSIONS AND BUILDOUT <br />Suite:455 <br />Asking Discount:0.00% <br />Buildout:Standard Office <br />Buildout Status:Full Build-Out <br />LEASE TERM <br />Start Date:Sep 2019Space Condition:Average <br />Expiration Date:Sep 2021 <br />Lease Term:2 Years <br />PROPERTY EXPENSES <br />Taxes:$1.37/SF (2019) <br />TIME ON MARKETTIME VACANT <br />Date On Market:Mar 2019Date Vacated:Mar 2019 <br />Date Off Market:Aug 2019Date Occupied:Sep 2019 <br />Months on Market:5 MonthsMonths Vacant:5 Months <br />LEASING REP <br />MARKET AT LEASE <br />MTLP Properties <br />Eugene, OR 97408 <br />Vacancy Rates2019 Q3YOY <br />Mediah Rogers (541) 514-1528 <br />Current Building14.2%1.7% <br />Submarket 2-4 Star4.1%-1.7% <br />Market Overall4.1%-1.6% <br />PROPERTY <br />Property Type:OfficeRentable Area:51,751 SF <br />Same Store Asking Rent/SF2019 Q3YOY <br />Status:Built 1926Stories:11 <br />Current Building$22.87-1.3% <br />Tenancy:MultiFloor Size:4,200 SF <br />Submarket 2-4 Star$20.274.7% <br />Class:BVacancy at Lease:14.2% <br />Market Overall$20.094.7% <br />Construction:Reinforced ConcreteLand Acres:0.11 <br />Parking:500 Covered Spaceā€¦ <br />Submarket Leasing Activity2019 Q3YOY <br />12 Mo. Leased SF219,373-27.8% <br />Months On Market8.91.0 <br />12/7/2020 <br />Copyrighted report licensed to MountainSeed Real Estate Services, LLC - <br />388813 <br />Page 1 <br /> <br />