36C26322L0011 636A8 New-Replacing Lease Decorah, IA Lease PoP: 10-year Firm   4

Classification Code: X NAICS Code: 531120 This serves as notice that the United States Government has accepted an offer to lease 16,879 rentable square feet of space yielding a minimum of 16,004 ANSI/BOMA office area square feet as an unrestricted acquisition for a new build-to-suit lease construction building for a Department of Veterans Affairs, Community Based Outpatient Clinic (CBOC) located at Parcel ID: 112027700400, 0 IA-9 in Decorah, IA. The leased premise includes 78 reserved surface parking spaces as part of rent consideration. The lease has been awarded to WSSA, LLC in Flint, MI. Tenant Improvements and FSL II BSAC allowances have been included in the amount of $3,072,768.00 to be paid lump sum upon buildout completion and acceptance of space. Rent Commencement is planned for October 1, 2023 to be paid at an average Fully Serviced annual rent of $653,892.46. Rent shall consist of an average shell rent in the amount of $464,003.71 annually and an operating rent of $189,888.75 subject to tax adjustments. The lease terms are set at 10 years firm with no options.