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New Commercial Rental @ 1005 Schweitzer Plaza Dr., Ste A, Ponderay, ID

Hey Ned,
This email is just to confirm our conversation of today regarding Sandpoint Property Management, Inc. managing and leasing the above referenced property for Milestone Investments, LLC.

The office/shop to be leased is the office and 2 bays on the north side of the new build closest to Schweitzer Plaza Dr.
The total square footage, including office, bathroom and shop is 2,106.
The office is 108 sq ft with 8′ ceiling. The bathroom is 68 sq ft.
The overall shop is 1,930 sq ft with 15′ 10″ ceiling height from floor to beams. This includes the 2 bays measuring (Bay 1 – 16′ 9″ wide by 48′ 6″ deep and Bay 2 – 17′ wide by 48′ 6″ deep) Each Bay have an 14′ x 14′ Roll up door with remote control automatic door opener.
The entire lot is fenced with a locked gate. Parking lot is gravel with a 15′ concrete approach in front of the building.
Heating – Office and Bathroom have electric Cadets and the Shop has a gas heater.
No Air Conditioning anywhere.
The gas and electric have separate meters for Ste A & B. There is only one meter for water. Lessee will be responsible for their own gas, electric and trash/garbage. Lessor will pay for water and sewer. Lessor and Lessee will share property taxes, maintenance and snow plowing, etc.

We discussed asking for .75 per square foot which equals about 1575.00 per month. I think we should ask for first and last months rent plus a security deposit.

Champion Concrete Pumping, Inc. will be leasing Suite B which *will not* be managed by Sandpoint Property Management.

I look forward to reviewing your paperwork.

Sincerely,
Dawn M Thompson
Champion Concrete Pumping, Inc.
On March 4, 2020 1:41 PM Ned <nedr@sandpointrentals.com> wrote:

Hi Dawn,

I am just back in the office and will do it today!

Kind regards,

Ned

*Ned Brandenberger, RMP**®**, CMCA**®*

2018 President- Inland Northwest Chapter
National Association of Residential Property Managers (www.NARPM.org <www.narpm.org/>)
Office: 208-263-9233
www.sandpointrentals.com

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*From:* Dawn Thompson <dthompson@championconcretepump.com> *Sent:* Tuesday, March 3, 2020 5:33 PM *To:* Ned <Nedr@sandpointrentals.com> *Cc:* lhastings championconcretepump.com <lhastings@championconcretepump.com>; lrt championconcretepump.com <lrt@championconcretepump.com>; calebt championconcretepump.com <calebt@championconcretepump.com>; leeroyt championconcretepump.com <leeroyt@championconcretepump.com> *Subject:* New Commercial Rental

Hello Ned

We will be having a commercial building w/office and 2 shop bays for rent on April 1, 2020. It is new construction. We will be using half the building for our business use (Champion Concrete Pumping, Inc.) and renting the other half out. We would like you to manage the rental for us. You are currently managing a residential rental for us (Legacy Operations, LLC). The address of the building is:

1005 Schweitzer Plaza Dr., Ste A
Ponderay, ID 83852

The property is owned by:
Milestone Investments, LLC
26769 W. Hwy 53
Hauser ID 83854
Managing Members are Lee Roy and Dawn Thompson
Federal I.D. 82-05057549
Office (208) 773-8222

Would you please go by the property and let us know what you think we can get for rent?

I look forward to hearing from you.

Dawn M Thompson
Champion Concrete Pumping, Inc.
208 659-7714