- The following services are included in the office rental rates: maintenance labor, building
insurance, secretarial services, utilities and housekeeping.
- Also see applicable rider clause attached to Tenant Lease for specific services.
- After a business has reached the market rat, the cost per square foot will increase by 20% each
year thereafter (rounded off).
- The Menominee Partners for Economic Progress has the right to review and recommend changes to the
cost per square footage on a case by case basis.
|
| START UP BUSINESSES |
COST PER SQUARE FOOT |
| Introductory Rate (First 6 Months) |
$ 8.00 |
| First Full Year (At least 9 months.) |
$12.75 |
| |
| Second Year |
$16.50 |
| Third Year (Market Rate) |
$21.00 |
| |
| ESTABLISHED BUSINESSES |
COST PER SQUARE FOOT |
| Includes Non-Profit and profit |
|
| First Year Rate |
$16.50 |
| Second Year Rate(Market Rate) |
$21.00 |
| |
| Third Year |
$25.00 |
| Fourth Year |
$30.00 |
| Fifth Year |
$36.00 |
|
|
