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Lease #AV-2023-0178 · SeaTac International Airport

Term

2023-07-012033-06-30

Renewal: 2 x 5-year options

Space

Gate S1

40,000 sqft · SeaTac International Airport

Rent

$1.68M/year

$140,000/month

Total Lease Obligation

Fixed Components

$1.68M

/year

Variable Components

$4.34M

estimate /year

Total Monthly

$501,942

/month

Total Annual

$6.02M

/year

Fixed 28%Variable 72%

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 2landed weightADDITIONAL VARIABLE

Landed-Weight Fee

Per-landing fee based on aircraft weight

2.15

$/1,000 lbs

Documents

Amendments & Audit Trail

No amendments on record

Tenant Information

Contact

Jennifer Walsh

Email

jwalsh@delta.com

Phone

(404) 715-2600

Compliance

compliant