Page 16 - Alliance Data Systems - Dallas Market Overview

LEASE ABSTRACT

Premises
4th Floor: 10,949 RSF
7th Floor: 27,925 RSF
8th Floor: 28,400 RSF
Total: 67,274 RSF

Renewal Commencement Date
July 1, 2019

Renewal Expiration Date
June 30, 2026
Lease Term
84 months

Base Rental Rate
*does not include NNN’s or electricity

Months Rental Rate Monthly Rent Total Rent
7/1/2019 - 6/30/2020 $26.50 $24,179.04 $290,148.50
7/1/2020 - 6/30/2021 $27.00 $24,635.25 $295,623.00

4th Floor 7/1/2021 - 6/30/2022 $27.50 $25,091.46 $301,097.50
10,949 RSF 7/1/2022 - 6/30/2023 $28.00 $25,547.67 $306,572.00
7/1/2023 - 6/30/2024 $28.50 $26,003.88 $312,046.50
7/1/2024 - 6/30/2025 $29.00 $26,460.08 $317,521.00
7/1/2025 - 6/30/2026 $29.50 $26,916.29 $322,995.50

Months Rental Rate Monthly Rent Total Rent
7/1/2019 - 6/30/2020 $31.00 $145,506.25 $1,746,075.00
7/1/2020 - 6/30/2021 $31.50 $147,853.13 $1,774,237.50
7th & 8th Floor 7/1/2021 - 6/30/2022 $27.50 $129,078.13 $1,548,937.50
56,325 RSF 7/1/2022 - 6/30/2023 $28.00 $131,425.00 $1,577,100.00

7/1/2023 - 6/30/2024 $28.50 $133,771.88 $1,605,262.50
7/1/2024 - 6/30/2025 $29.00 $136,118.75 $1,633,425.00
7/1/2025 - 6/30/2026 $29.50 $138,465.63 $1,661,587.50

Operating Expenses
4th Floor: No cap on controllable expenses (7th Amendment)
7th and 8th Floor: No cap on controllable expenses (6th and 7th Amendments)

Parking
230 total parking spaces (3.42: 1,000)

199 Unreserved Garage Spaces
31 Reserved Garage Spaces
(10 Reserved located on the 1st Floor and 10 on the 2nd Floor, with the remaining 11 on the 3rd Floor)

Tenant has the right to lease up to an additional six (6) Reserved Parking Spaces on a month-to-month basis.

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