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Meridian Tower

500 108th Avenue NE, Bellevue, WA 98004 · Office · 142,300 SF · Built 1989 (renovated 2016) · Meridian Office Investors LLC

Leases → Cascade Notary & Legal Services → Draft a document

Lease extension — Cascade Notary & Legal Services

Step 1 sets the assumptions, pulled from this lease. Step 2 drafts the document from those assumptions. Nothing is filed until you save it, and what you save is stored as a versioned draft on this lease.

1 Assumptions

Change any assumption and re-draft — the figures below recalculate from this lease.

What the draft will say

LandlordMeridian Office Investors LLC
TenantCascade Notary & Legal Services
PremisesSuite 240 · 3,500 SF
Current expirationJan 31, 2029
New termFeb 01, 2029 – Jan 31, 2034
Current rent$40.00/SF · $140,000/yr
New rent (+3.0%)$41.20/SF · $144,200/yr
Monthly$11,667 → $12,017
Annual uplift$4,200
Escalation2.5% per year
Options remaining0
StructureGross

Rent math: $40.00 × (1 + 3.0%) = $41.20/SF; × 3,500 SF = $144,200 per year.