other material
confidence high
sentiment neutral
materiality 0.50
Sanuwave Health enters 5-year HQ lease in Eden Prairie; base rent $21,687/month
SANUWAVE Health, Inc.
- Lease for 20,019 sq ft at 9600 W 76th St, Eden Prairie, MN, effective March 27, 2025.
- Monthly base rent starts at $21,687.25, escalating 3.5% annually; rent commences by Sept 1, 2025.
- Term is 60 months with one five-year renewal option at then-market rent.
- Landlord provides up to $585,956 improvement allowance; tenant pays excess.
- Lease is triple net; tenant pays proportionate share of property taxes and operating expenses.