Term
2021-06-01 → 2031-05-31
Renewal: 2 x 5-year options
Space
Gate A1, Gate A5
80,000 sqft · SeaTac International Airport
Rent
$3.36M/year
$280,000/month
Total Lease Obligation
Fixed Components
$3.36M
/year
Variable Components
$94,080
estimate /year
Total Monthly
$287,840
/month
Total Annual
$3.45M
/year
Fixed 97%Variable 3%
Lease Clauses & Rent Calculation Engine
2 active clauses — click to see step-by-step calculations
Clause 1 of 2fixedPRIMARY
Base Rent
Fixed rate per square foot
42
$/sqft/year
Clause 2 of 2tiered cpiMODIFIES BASE RENT
CPI Escalation
Annual CPI-U with min 2%, max 4.5%
Min Rate
2%
Max Rate
4.5%
Escalation
Annual, effective June 1
Documents
Amendments & Audit Trail
No amendments on record
Tenant Information
Contact
Michael Torres
mtorres@alaskaair.com
Phone
(206) 392-5100
Compliance
compliant