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- We have a base rental rate of $12.45 per square foot per year.
This rate may be adjusted on January 1st of the year in order to keep pace with inflation. There are no separate charges for common area maintenance, taxes and building insurance.
- Utilities are paid by the tenant in addition to the rent. They include Common Electric, which covers ventilation and air conditioning, Office Electric, Gas, Water and Sewer. We
consolidate these utilities into one monthly bill usually created in the middle of the month.
To get an estimated average utility cost per month, we estimate high using a figure of $2.50 per square foot per year.
- We do have carpets cleaned twice annually and the tenant pays this cost on a monthly basis with the rent, which is due on the 1st of each month.
The cost for the carpet cleaning is $.0119 per square foot per month.
- We do have a cleaning service contracted for the Square Commercial Center. Tenants have the option to use this service or clean their own offices.
No other cleaning service will be allowed to operate in the Square Commercial Center. The current rate for one day per week service, which includes dusting, vacuuming and trash removal, is $.1122 per square foot per month.
- We do not require a security deposit.
- We prefer at least a one-year lease, but have agreed to shorter terms as needed.
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