Lease Rates
MANUFACTURING SPACE
Rates are quoted in dollars per square feet, annually. To calculate
the monthly rent, multiply the rate times square footage, then divide by
12.
First Year Lease: $5.75
Second Year Lease: $6.00
Third Year Lease: $6.30
INDUSTRIAL TRAINING SPACE
Rates are quoted in dollars per square feet, annually. To calculate
the monthly rent, multiply the rate times square footage, then divide by
12.
First Year Lease: $18.00
OFFICE SPACE
Venture Out Business Center office suites will be leased for a standard
one-year term with two one-year options.
Offices are leased at a per unit rate with suite sizes that vary from
158 sq.ft. to 299 sq.ft. There are 11 offices total.
Monthly rates:
|
Suite |
Square Feet |
Year 1 |
Year 2 |
Year 3 |
|
2 |
168 |
280 |
294 |
308 |
|
3 |
284 |
473 |
497 |
521 |
|
4* |
217 |
362 |
380 |
398 |
|
5* |
225 |
375 |
394 |
412 |
|
6* |
225 |
375 |
394 |
412 |
|
7* |
225 |
375 |
394 |
412 |
|
8* |
225 |
375 |
394 |
412 |
|
9* |
225 |
375 |
394 |
412 |
|
10* |
211 |
352 |
369 |
387 |
|
11* |
299 |
498 |
523 |
548 |
|
13 |
Tenant Conference Room |
|
14 |
158 |
263 |
277 |
290 |
*denotes
window frontage offices
NOTE:
With all leases, tenants are responsible for making all leasehold
improvements yet must first receive approval from the Madison Area
Chamber of Commerce Foundation Board of Directors before work begins.
All improvements become the property of the Venture Out Business Center.
Lease rates & terms subject to change. |