Term
2022-03-01 → 2029-02-28
Renewal: 1 x 3-year option
Space
Suite A-201
1,800 sqft · SeaTac International Airport
Rent
$156,000/year
$13,000/month
Total Lease Obligation
Fixed Components
$0
/year
Variable Components
$156,000
estimate /year
Total Monthly
$13,000
/month
Total Annual
$156,000
/year
Fixed 0%Variable 100%
Lease Clauses & Rent Calculation Engine
1 active clause — click to see step-by-step calculations
Clause 1 of 1tiered percentagePRIMARY VARIABLE
Percentage Rent
Percentage of gross sales with MAG
MAG
$120,000/yr
Rate Tiers
First $1,000,00010%
Above $1,000,00014%
MAG vs. Percentage Rent Tracking
Year-to-date minimum annual guarantee monitoring
MAG vs Percentage Rent Tracking
YTD through 3 monthsHudson Group
lease-hudson-a201
YTD % Rent vs MAG28%
$34,000 YTDMAG $120,000
YTD Sales
$340K
YTD % Rent
$34K
MAG
$120K
Projected Annual
$150K
Monthly Accruals
Documents
Amendments & Audit Trail
No amendments on record
Tenant Information
Contact
Amy Rodriguez
arodriguez@hudsongroup.com
Phone
(201) 939-5050
Compliance
compliant