West Los Angeles, Santa Monica & San Gabriel - Commercial Real Estate Rent Comparables: 3 Specific Uses: 1) School 2) Medical & 3) Office

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Just Leased #RealEstate Rental Rates in #LosAngeles County for Commercial #RealProperty, 3 Specific Uses: 1) School 2) Medical & 3) Office.

2 Submarkets: West Los Angeles/Santa Monica & San Gabriel Valley.

Nuances for Lease Comparables, Submarkets & Subject Properties:

• 1)$70/SF in TI’s for Conversion to Dental from General Medical Office

• 2)$.80/SF+ CAM Conversion to NNN Expense basis equivalent from Full Service Gross

• 3)$208/SF in Conversion Cost to School from General Office

• 4)Non Profits Do Not have to Pay Property Taxes Having a Substantial Effect on Additional NNN’s & Overall Rent

Based upon a Real Estate Appraiser Market Level Rent Study Real Property Appraisal.