2022-05-18 City Council Item No. 12.1 Lease Agreement with Haun Professional, LLC Presentation Regular MEETING - Additional Meeting Materials12.1 Lease Agreement with Haun
Professional, LLC
May 18, 2022
Addressing City’s Rapid Growth
Menifee provides services to about
105,000 residents & over 4,000
businesses
As personnel has increased to provide
more services, the City is experiencing a
shortage of available staff workspace
Addressing City’s Rapid Growth
Assessment to maximize usage of existing
workspaces with new furnishings
New City Hall Building not expected to be
complete before 2026
More space still needed in the interim
Proposed Office Lease
29826 Haun Road,
Suite 307
•Office located 200ft. from City
Hall
•Competitively priced at
$2.85/sq. ft.
•Workspace for one department
•No facility improvement
needed
Office Space Lease Terms
$61,458 in year 1; $332,224 est. over 5 years
Includes 5% maximum annual increase of base rent
5-year option to renew
Thank you
Questions?