Term
2022-06-01 → 2029-05-31
Renewal: 1 x 3-year option
Space
Unit A-116
1,400 sqft · SeaTac International Airport
Rent
$84,000/year
$7,000/month
Total Lease Obligation
Fixed Components
$0
/year
Variable Components
$98,400
estimate /year
Total Monthly
$8,200
/month
Total Annual
$98,400
/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 with MAG
MAG
$72,000/yr
Rate Tiers
First $600,00010%
$600,000 - $1,000,00012%
Above $1,000,00015%
MAG vs. Percentage Rent Tracking
Year-to-date minimum annual guarantee monitoring
MAG vs Percentage Rent Tracking
YTD through 3 monthsStarbucks
lease-starbucks-a116
YTD % Rent vs MAG28%
$20,000 YTDMAG $72,000
YTD Sales
$200K
YTD % Rent
$20K
MAG
$72K
Projected Annual
$80K
Monthly Accruals
Documents
Amendments & Audit Trail
No amendments on record
Tenant Information
Contact
Lisa Nguyen
lnguyen@starbucks.com
Phone
(206) 318-7100
Compliance
compliant