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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 → Sound Counseling Associates → Draft a document

Lease extension — Sound Counseling Associates

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
TenantSound Counseling Associates
PremisesSuite 850 · 2,300 SF
Current expirationMar 31, 2027
New termApr 01, 2027 – Mar 31, 2032
Current rent$40.50/SF · $93,150/yr
New rent (+3.0%)$41.72/SF · $95,956/yr
Monthly$7,762 → $7,996
Annual uplift$2,806
Escalation2.5% per year
Options remaining0
StructureGross

Rent math: $40.50 × (1 + 3.0%) = $41.72/SF; × 2,300 SF = $95,956 per year.