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Pacific Rim Foods

terminated
aviation

Lease #AV-2023-0190 · SeaTac International Airport

Term

2023-01-012030-12-31

Renewal: 1 x 5-year option (void — terminated)

Space

Unit B-105 (Food Court)

1,600 sqft · SeaTac International Airport

Rent

$0/year

$0/month

Total Lease Obligation

Fixed Components

$0

/year

Variable Components

$100,000

estimate /year

Total Monthly

$8,333

/month

Total Annual

$100,000

/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 (voided)

MAG

$64,000/yr

Rate Tiers

First $500,0008%
Above $500,00012%

MAG vs. Percentage Rent Tracking

Year-to-date minimum annual guarantee monitoring

No MAG tracking data available

Clause Comparison (Amendment Analysis)

Side-by-side comparison of current vs. proposed amendment terms

tiered percentage

Percentage Rent

Current

$

Annual Amount Due

$124,000

Proposed Amendment

$

Annual Amount Due

$124,000

$124,000$124,000
$0 (0.0%)

Special Provisions

TERMINATED: Lease terminated 2026-02-15 for repeated health code violations and failure to maintain required food safety certifications.

Documents

Amendments & Audit Trail

2 amendments

Tenant Information

Contact

Kevin Tran

Email

ktran@pacificrimfoods.com

Phone

(206) 555-0187

Compliance

non-compliant