36C26321L0004 618 NEW Lease Mankato, MN CBOC Lease PoP: 10-year Firm, 10-year Non-Firm   2

Classification Code: X NAICS Code: 531120 This serves as notice that the United States Government has accepted an offer to lease 13,335 rentable square feet of space yielding 12,611 ANSI/BOMA office area square feet as an unrestricted acquisition for space in an existing building for a Department of Veterans Affairs, Community Based Outpatient Clinic (CBOC) located at 1400 Madison Ave., Ste. 502, Mankato, MN 56001-5473. The leased premise includes 40 surface parking spaces of which 20 parking spaces are reserved as part of rent consideration. The lease has been awarded to Madison Victory Group LLC in Mankato, MN. Tenant Improvements and FSL II BSAC have been included in the amount of $3,184,163.00 to be paid lump sum upon buildout completion and acceptance of space. Rent Commencement is planned for December 1, 2022 to be paid at a Fully Serviced annual rent of $418,052.25 YR 1-5, $426,853.35 YR 6-10, $435,921.15 YR 11-15, and $445,255.65 YR 16-20. The lease terms are set at 20 years/10 years firm. VA may terminate this lease after the firm term with 90 days written notice to the Lessor.