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Business Terms

BUSINESS TERMS

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BASE RENT

  • Asking Rate $6.75 p/s/f net ( Year 1)
  • Rate based on initial lease term of 10 years
  • Rate based on Undemised Space (i.e. 207,700 s/f)
  • 2% annual escalation

ADDITIONAL RENTS

  • Estimated additional rents ( T.M.I.) at $1.75 p/s/f:
  • Includes:
    • Realty Taxes
    • Exterior Maintenance / Yard Building Insurance
    • Yard Security
    • Fire Protection
    • Repairs / Maintenance

UTILITIES

  • Separately Metered: Gas, hydro and water Estimated $0.50 p/s/f