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INCOME CAPITALIZATION APPROACH
<br /> SUMMARY OF RENT ROLL ----- -' i
<br /> Currently, the subject property is 81% occupied by the owner and 10 tenants. Rent information
<br /> 1. and square footage calculations for the leased units-were derived from- copies-of-leases;- -- -
<br /> discussions with the owner, and review of building pians. The tenant leases are structured on a
<br /> triple net basis with the owner responsible for management and replacement reserves. Valley
<br /> L.P. Gas is leasing a portion of the subject yard area.
<br /> Bldg 100-Vacant 9,860 - N/A N/A N/A N/A
<br /> 212-Vacant 600 IJ/A N/A N/A N/A
<br /> 210,264-Gigolo's Restaurant 3,040 6/30/2012 $1.12 $3,400 $40,800
<br /> 216,218-Mokelumne 1,600 6/30/2010 $1.80 $2,880 $34,560
<br /> 248,250-Watts Winery 1,600 7131/2009 $1.17 $1,874.25 $22,491
<br /> 268,272, 282--Pasos Vineyards 3,400 6/30/2010 $1.24 $4,220 $50,640
<br /> 290-Tabangcura 1,200 7/31/2011 $2.00 $2,400 $28,800
<br /> Bldg 200(2n0 Floor)-Owner 11,424 N/A N/A WA N/A
<br /> 300-Vacant - 2,800 N/A N/A N/A IJ/A
<br /> 400-Owner 7,200 N/A N/A N/A N/A
<br /> 500-Boitano Family Wines 2,200 6/30/2008 $1.13 $2,493.50 $29,922
<br /> 520,542,600 -Owner 6,000 N/A N/A N/A N/A i-
<br /> 700,760-Stama 3,785 8/31/2011 $0.81 $3,060 $36,720
<br /> 800,822,826,838-Greenstone 4,400 7/31/2011 $1.85 $6,660 $62,400
<br /> 824,836,840, 846,858, 870-Vacant 7,825 N/A N/A N/A N/A
<br /> 860-La Vida Dulm B00 6/30/2010 $1.50 $1,200 $14,400
<br /> 864-Brice Station Vintners 800 8/30/2010 $1.50 $1,200 $14,400
<br /> Bldg 800(2ND Floor) -Owner 10,359 N/A N/A N/A N/A
<br /> Valley LP Gas-Yard Area Rental 12/3112011 N/A $1,250 $15,000
<br /> 71,094 Gross Rental Income $369,333
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