Requirements and comparison of spaces/3527 Southern Ave

Requirements and comparison of spaces/3527 Southern Ave
Information
Address	3527 Southern Ave
Rent	$800/mo
Down Payment	$0
Utilities	~$250/mo
Other Bills	~$169.23/mo
Est Total	~$1219.23/mo
Est Members Needed	{{#number_format:27.094}} @ $45/mo
Space	2,040 sq ft (190 m2)
Lease	2 years Example
Measurements	24 ft (7.3 m) wide 92 ft (28 m) east wall 78 ft (24 m) west wall
Office	1
Bathroom	1
Owner	David Madison (901) 682-4811
Notes	Rent would increase $100 after first year Entire space is airconditioned Doube doors in back

Lease

We would be required to pay the first months rent of $800, and a minimum of one months rent as a down payment. After that we would get one month's rent for free. This would mean that we would need to have roughly $1600 to get in the door. An example of the lease that would be signed.

Utilities

Power

The space does have 3 phase power run to it. Also the security/street lamp out back is connected to the power of the building we are looking at, so it would be on our bill.

A/C

The last A/C unit that was installed in the place had been stolen after it was left untouched for a while. The owner has been kind enough to state that he will have a new unit installed once the place is rented.

Cost

There is a minimum cost of $85/mo just to keep the power on (this does include the lamp out back). From what MLGW has shown from historical data, the bill was roughly $120 in the summer months and closer to $300 in the winter months.

Drawings