"LEASE RATE IS $14.00 per sqft." The property shall be made available for lease for a term of five years with the opportunity for the parties to negotiate a term of ten years with additional options. The estimated date for lease commencement and occupancy is January 1, 2019. The lease rate of $14.00 net per square foot of rentable area applies to the entire building and approximately one acre of property. The tenant has the option to lease an additional two acres of adjoining property with a second access and egress to and from Balsam Road at the rear of the property. Each additional acre could be leased at the rate of $30,000.00 per acre per year. A prospective user is not required to lease this additional acreage.
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