Everett Port Commission Agenda Item Cover Sheet May 2026
Port approves new lease with Copper River Yacht Sales
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Description
The Port of Everett is authorizing a new 24‑month commercial lease with Copper River Yacht Sales for 600 square feet in the M-15 Building, starting June 1 with initial rent of $24.74 per square foot per year. The agreement includes a rent concession in lieu of up to $10,000 in tenant improvements and transfers the tenant’s existing $1,293 security deposit.
Contract Details
Contract Amount
Base rent at $24.74/rsqft/year for approximately 600 rsqft; tenant improvement rent concession not to exceed $10,000
Vendor
COPPER RIVER YACHT SALES
Agency
Port Of Everett, WA
Contract Type
FACILITIES
Document Date
May 12, 2026
Contract Term
24-month term commencing June 1 (with early access period in May)
Renewal Info
Initial lease term is 24 months with a 3% rent increase in the second year; no explicit renewal options are described in the agenda item.
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Related Contracts
Everett Port Commission Agenda Item Cover Sheet May 2026
APPROVEDEverett Port Commission Regular Meeting Agenda May 12 2026
PENDINGEverett Port Commission Special Meeting Agenda July 2024
AMENDEDMore from Port Of Everett
Everett Port Commission Agenda Item Cover Sheet May 2026
Everett Port Commission Agenda Item Cover Sheet May 2026
Everett Port Commission Agenda Item Cover Sheet May 2026
Everett Port Commission Agenda Item Cover Sheet May 2026
Everett Port Commission Regular Meeting Agenda May 12 2026
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