Term
2026-06-01 → 2033-05-31
Renewal: 1 x 5-year option
Space
Unit A-220 (Food Court)
2,200 sqft · SeaTac International Airport
Rent
$88,000/year
$7,333/month
Total Lease Obligation
Fixed Components
$0
/year
Variable Components
$102,000
estimate /year
Total Monthly
$8,500
/month
Total Annual
$102,000
/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
Tiered percentage rent with MAG
MAG
$88,000/yr
Rate Tiers
First $700,0009%
Above $700,00013%
MAG vs. Percentage Rent Tracking
Year-to-date minimum annual guarantee monitoring
No MAG tracking data available
Special Provisions
Ivar's to feature locally-sourced Pacific Northwest seafood. Monthly gross sales reports required.
Documents
Amendments & Audit Trail
No amendments on record
Tenant Information
Contact
Bob Donegan
bdonegan@ivars.com
Phone
(206) 587-6500
Compliance
compliant