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Northwind Distribution (sample)

Phoenix Warehouse

2802 W Deer Valley Rd, Phoenix, AZ 85027

ActiveWarehouseAZ-PHX-004Suite 100

Landlord: Deer Valley Industrial Trust

No photo
Size46,000 SF
Rate$11.40/SF
Rent this month$43,700.00
Annualized$524,400
StartsSep 1, 2025
ExpiresNov 1, 2028 (in 2.0 years)
Who pays expensesIndustrial gross
Security deposit$61,000

Key dates

Right of first refusal notice deadlineRight of first refusal on the adjacent 22,000 SF bay. 15 business days to respond once landlord delivers notice.
Apr 22, 2027in 6 months
Lease expires
Owned by Priya RamanNov 1, 2028in 2.0 years

Every deadline this lease creates, in one list. The ones that come from a right are set under Your rights below, so they cannot drift apart from it. Add as many of your own as you need — a date you have promised somebody, an internal review, anything the lease does not produce by itself — and they are reminded about the same way.

Your rights

Right of first refusal option

Exhibit F
Available

Right of first refusal on the adjacent 22,000 SF bay. 15 business days to respond once landlord delivers notice.

Last day to give noticeApr 22, 2027in 6 months
Notice required15 days

Term not recorded, on 15 days’ notice

Deposit reductions

Most leases of any size step the deposit down over the term, and almost nobody collects it — the date passes, you are owed money, and the landlord says nothing. Each step you record here becomes a reminder to ask, sent before the date rather than after.

No deposit reductions recorded. If your lease steps the deposit down — most above a certain size do — add each step and we will remind you to ask for it, well before the date passes.

Rent over the term

Lease yearPer monthFor the yearRate / SFChange
Year 1Sep 1, 2025 — Aug 31, 2026$43,700.00$524,400$11.40/SF—
Year 2Sep 1, 2026 — Aug 31, 2027NOW$43,700.00$524,400$11.40/SF0%
Year 3Sep 1, 2027 — Aug 31, 2028$43,700.00$524,400$11.40/SF0%
Year 4Sep 1, 2028 — Nov 1, 2028$43,700.00$131,100$11.40/SF—

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Friction: Office Space

Last answered Oct 1, 2026