Seven-Year Office Lease Planned With DANDA LLC | Oakwood City Schools | DANDA LLC

Scope & details

The full contract record, as filed.

Contract amount

Year 1: $116,600.00 annually ($9,716.67 monthly); Year 2: $120,098.00 annually ($10,008.17 monthly); Year 3: $123,700.94 annually ($10,308.41 monthly); Year 4: $127,411.97 annually ($10,617.66 monthly); Year 5: $131,234.32 annually ($10,936.19 monthly); Year 6: $135,171.36 annually ($11,264.28 monthly); Year 7: $139,226.50 annually ($11,602.21 monthly); plus up to $150,000 in amortized Tenant Improvements as Additional Rent at 6.5% interest

Contract type

FACILITIES

Contract term

Seven (7) years from the Commencement Date, anticipated upon completion of Tenant and Landlord Improvements or ninety (90) days after the Effective Date, whichever is later

Renewal

Initial lease term is seven years from the Commencement Date; any holding over converts to a month‑to‑month tenancy at 125% of the last monthly rent. The landlord may amortize up to $150,000 of tenant improvements as Additional Rent over the initial term at 6.5% interest. No automatic renewal beyond holdover terms is specified.

Document type

Agreement

Source document

Oakwood City School District Agreement Lease Agreement 2025-01-01

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the facilities contract by Oakwood City Schools?

Danda Llc was awarded this facilities contract by Oakwood City Schools, as recorded on January 1, 2025. The contract value is Year 1: $116,600.00 annually ($9,716.67 monthly); Year 2: $120,098.00 annually ($10,008.17 monthly); Year 3: $123,700.94 annually ($10,308.41 monthly); Year 4: $127,411.97 annually ($10,617.66 monthly); Year 5: $131,234.32 annually ($10,936.19 monthly); Year 6: $135,171.36 annually ($11,264.28 monthly); Year 7: $139,226.50 annually ($11,602.21 monthly); plus up to $150,000 in amortized Tenant Improvements as Additional Rent at 6.5% interest.

How much is the Danda Llc contract with Oakwood City Schools worth?

The Danda Llc contract with Oakwood City Schools is valued at Year 1: $116,600.00 annually ($9,716.67 monthly); Year 2: $120,098.00 annually ($10,008.17 monthly); Year 3: $123,700.94 annually ($10,308.41 monthly); Year 4: $127,411.97 annually ($10,617.66 monthly); Year 5: $131,234.32 annually ($10,936.19 monthly); Year 6: $135,171.36 annually ($11,264.28 monthly); Year 7: $139,226.50 annually ($11,602.21 monthly); plus up to $150,000 in amortized Tenant Improvements as Additional Rent at 6.5% interest, covering facilities work.

What type of contract is this?

This is a Facilities contract, documented as a agreement record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in Oakwood City School District Agreement Lease Agreement 2025-01-01 (Agreement), dated January 1, 2025 from Oakwood City Schools. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Danda Llc hold?

Danda Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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