Term
2024-01-01 → 2053-12-31
Renewal: 1 x 10-year option
Space
Container Yard
500,000 sqft · Terminal 18
Rent
$2.50M/year
$208,333/month
Total Lease Obligation
Fixed Components
$2.50M
/year
Variable Components
$0
estimate /year
Total Monthly
$208,333
/month
Total Annual
$2.50M
/year
Fixed 100%Variable 0%
Lease Clauses & Rent Calculation Engine
1 active clause — click to see step-by-step calculations
Clause 1 of 1ground leasePRIMARY
Ground Lease Rent
Long-term ground lease for container yard land at fixed rate per square foot
5
$/sqft/year
Special Provisions
Tenant owns all improvements on the land. Tenant responsible for all maintenance, environmental compliance, and property taxes on improvements. Land reverts to Port at lease expiration.
Documents
Amendments & Audit Trail
No amendments on record
Tenant Information
Contact
David Park
dpark@pacificcontainer.com
Phone
(206) 555-0234
Compliance
compliant