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INCOME APPROACH (Cont.) <br /> The following are rent comparables used to estimate the projected gross annual income for <br /> the subject. <br /> RENT COMPARABLES <br /> Rent Comparable No. 1- This comparable is <br /> located at 2309 Dolar Way,Ellensburg,WA. This <br /> building was built in 2016 and has 2,000 square <br /> feet renting for $12.72 square feet annually. <br /> Rent Comparable No. 2- This comparable is <br /> located in downtown Ellensburg at 116 W. 3ra <br /> Avenue. This is an older building that has been <br /> remodeled. This rent comparable has 5,000 <br /> square feet renting for $14.28 per square foot. <br /> 42 DAVIS APPRAISAL COMPANY <br />