Common use of Base Rent Schedule Clause in Contracts

Base Rent Schedule. Base Rent shall be adjusted throughout the Term as set forth in the table below: February 1, 2013 — January 31, 2014 126,715 SF x $1.16 SF/NNN $146,989.40 February 1, 2014 — January 31, 2015 126,715 SF x $1.21 SF/NNN $153,323.15 February 1, 2015 — January 31, 2016 126,715 SF x $1.27 SF/NNN $160,928.05 February 1, 2016 — January 31, 2017 126,715 SF x $1.35 SF/NNN $171,065.25 February 1, 2017 — January 31, 2018 126,715 SF x $1.38 SF/NNN $174,866.70 February 1, 2018 — January 31, 2019 126,715 SF x $1.42 SF/NNN $179,935.30 February 1, 2019 — January 31, 2020 126,715 SF x $1.46 SF/NNN $185,003.90 February 1, 2020 — January 31, 2021 126,715 SF x $1.50 SF/NNN $190,072.50 February 1, 2021 — January 31, 2022 126,715 SF x $1.55 SF/NNN $196,408.25 February 1, 2022 — January 31, 2023 126,715 SF x $1.60 SF/NNN $202,774.00 February 1, 2023 — January 31, 2024 126,715 SF x $1.65 SF/NNN $209,079.75 February 1, 2024 — January 31, 2025 126,715 SF x $1.70 SF/NNN $215,415.50 February 1, 2025 — January 31, 2026 126,715 SF x $1.75 SF/NNN $221,751.25 February 1, 2026 — January 31, 2027 126,715 SF x $1.80 SF/NNN $228,087.00 February 1, 2027 — January 31, 2028 126,715 SF x $1.85 SF/NNN $234,422.75 February 1, 2028 — January 31, 2029 126,715 SF x $1.90 SF/NNN $240,758.50 February 1, 2029 — December 31, 2029 126,715 SF x $1.95 SF/NNN $247,094.25