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All properties, tenants, documents and figures in this workspace are fictional. Actions that would change a real record are clearly marked.

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Northgate Plaza

14210 Juanita Drive NE, Kirkland, WA 98034 · Retail · 68,400 SF · Built 1998 (renovated 2015) · Northgate Retail Partners LLC

Leases → NW Wireless → Draft a document

Lease extension — NW Wireless

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

LandlordNorthgate Retail Partners LLC
TenantNW Wireless
PremisesSuite B-215 · 1,750 SF
Current expirationDec 31, 2027
New termJan 01, 2028 – Dec 31, 2032
Current rent$40.00/SF · $70,000/yr
New rent (+3.0%)$41.20/SF · $72,100/yr
Monthly$5,833 → $6,008
Annual uplift$2,100
Escalation3.0% per year
Options remaining0
StructureNNN

Rent math: $40.00 × (1 + 3.0%) = $41.20/SF; × 1,750 SF = $72,100 per year.