Evolution Cabinets INC

Published

Commercial leaseCommercial LeasesDemo

LSE-2023-00005Evolution Cabinets INC — 140 58th Street

Annual base rent

$315,951

$23.00/SF · 13,737 SF

Term

Mar 1, 2023 — Mar 1, 2033

34% elapsed · 6.6 yrs remaining

Linked assets (contract ↔ asset)

Bush Terminal Building 140 (58th St)

Commercial Leases

Tenant

Evolution Cabinets INC

Contract family

Base instrument with no amendments — current terms reflect the original.

Original Commercial lease

Mar 1, 2023

Base instrument — the executed lease/agreement.

Key terms composed from 14 extracted fields · 12 verified/corrected.DemoClick any provenance chip to jump to the source clause.

Parties

Landlord

New York City Economic Development Corporation

High · 99%Unverified

Tenant

Evolution Cabinets INC

High · 98%Verified

Term & premises

Premises area

13,737 SF

High · 93%Verified

Commencement

Mar 1, 2023

High · 96%Verified

Term end

Mar 1, 2033

High · 97%Unverified

Rent & escalation

Base rent (per SF)

$23.00/SF

High · 91%Verified

Base rent (annual)

$315,951

High · 95%Verified

Escalation type

Fixed %

Medium · 84%Verified

Escalation rate

2.1%

Medium · 79%Verified

Insurance

GL per occurrence

$1,000,000

High · 90%Verified

GL aggregate

$2,000,000

Medium · 88%Verified

Additional insured

Required

High · 92%Verified

Maintenance & responsibility

Roof & structure

Landlord

Medium · 86%Verified

HVAC filters

Tenant

Medium · 83%Verified