585 Michigan – 100% Leased
NET RENT: $18.95 psf/annum (Year 1)
ADDITIONAL RENT: $8.59 per sq. ft. (2019 Estimate)
TIMING: N/A
Additional Rent Breakdown (2019 Estimates)
Operating Costs: $4.36 psf
Realty Taxes: $4.23 psf
Total 2019 Estimate: $8.59 psf + Utilities
- 21,490 sq. ft. available approximately
- Minimum size: 10,000 sq. ft. approximately
- Net Rent: $18.95 psf/annum (Year 1)
- Additional Rent: $8.59 psf (2019 Estimate)
- TI Allowance: $55 psf(from “cold shell”)
- Parking ratio: 4/1,000 sf
- Floorplate designed to support high efficiency layouts
- Low “gross-up” factor
