Annual base rent
$1,648,937
$14.43/SF · 114,270 SF
Term
Aug 1, 2022 — Aug 1, 2042
20% elapsed · 16.0 yrs remaining
Tenant
Third Coast Fabrication
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Aug 1, 2022
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Third Coast Fabrication
Premises area
114,270 SF
Commencement
Aug 1, 2022
Term end
Aug 1, 2042
Base rent (per SF)
$14.43/SF
Base rent (annual)
$1,648,937
Escalation type
Fixed %
Escalation rate
3.4%
Renewal term (years)
10
Renewal notice date
Feb 1, 2042
GL per occurrence
$2,000,000
GL aggregate
$4,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant