US Bank Ground Lease

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US Bank Ground Lease 9746 W. Happy Valley Rd | Peoria, AZ 85383

Price: Unpriced (Best Offer) For More Information Contact: Alfred Hackbarth Senior Vice President | Investment Sales 602.682.6030 Direct | [email protected] 3131 E. Camelback Rd. Suite 110 | Phoenix, AZ 85016 age or age are approximate. Buyer must verify the information and shall bear all risk and responsibility for any inaccuracies..

EXCLUSIVELY PRESENTED BY

EXCLUSIVELY PRESENTED BY

US Bank Ground Lease NEC Happy Valley Rd & Lake Pleasant Pkwy 9746 W. Happy Valley Rd | Peoria, AZ 85383

US Bank Ground Lease Price........................................................Submit Offer Cap Rate..............................................................TBD Annual Rent.............................................$165,000.00 Lease Commencement................................6/29/2007 Lease Expiration............................................7/2/2033 Lease Term....................................................25-years Rental Increases...........................10% Every 5-years Lease Options..........................................Four 5-year Lease Guarantor.................US Bank Natl Association Lease Type.........................................Ground Lease Building Size..................................................5,036 SF Land Area....................................................52,240 SF

asa

nt

Pk

wy

Proposed

Date

La

ke

Ple

Rent Schedule

Happy Valley Rd

Annual Rent

Primary Term (Yrs. 1-5)

6/29/2007

$150,000.00

Years 6-10

6/24/2013

$165,000.00

Years 11-15

6/24/2018

$181,500.00

Years 16-20

6/24/2023

$199,650.00

Years 21-25

6/24/2028

$219,615.00

Option 1

7/3/2033

$241,576.50

Option 2

7/3/2038

$265,734.15

Option 3

7/3/2043

$292,307.57

Option 4

7/3/2048

$312,538.32

2015 Estimated Demographics 3 Mile

5 Miles

10 Miles

2015 Population

35,885

124, 010

529,870

# of Households

11,518

47,666

211,518

Avg. HH Income

$112,154

$112,154

$83,755

Source: ESRI Business Analyst Online

SRS | 3131 E. Camelback Road Suite 110 | Phoenix, AZ 85016 | 602.682.6000 | www.srsre.com This information has been secured from sources believed to be reliable, but SRS makes no representations or warranties, expressed or implied as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and shall bear all risk and responsibility for any inaccuracies..