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Opal Blue Real Estate, LLC 4/20/2026
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Opal Blue Real Estate, LLC 4/20/2026
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Last modified
4/21/2026 9:57:51 AM
Creation date
4/21/2026 9:56:58 AM
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Contracts
Contractor's Name
Opal Blue Real Estate, LLC
Approval Date
4/20/2026
End Date
3/31/2027
Department
Facilities & Property Management
Department Project Manager
Darcie Byrd
Subject / Project Title
Opal Blue Real Estate Lease at Everett Station
Tracking Number
0005217
Total Compensation
$7,196.01
Contract Type
Real Property
Contract Subtype
Leases
Retention Period
6 Years Then Destroy
Imported from EPIC
No
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STANDARD LEASE <br />This Lease is made as of the date of the Mayor’s signature below, between the City of <br />Everett, a Washington municipal corporation (“Landlord”), and the Tenant identified below in <br />the Basic Lease Provisions (“Tenant”). <br />1.BASIC LEASE PROVISIONS. The following definitions and provisions apply and are <br />part of this Lease: <br />Tenant <br />Opal Blue Real Estate, LLC <br />23030 76th Ave W, Apt 12 <br />Edmonds, WA 98026 <br />Rae@opalbluere.com <br />Base Rent $294.00 per month + $18.87 Leasehold Tax (12.84%) <br />Total Monthly Rent: $312.87 <br />Security Deposit $312.87 (if “0” or left blank, then there is no security deposit) <br />Building The building located at 3201 Smith Avenue in Everett, Washington, in <br />which the Leased Premises is located. <br />The legal description of real property on which the Building is located is <br />attached as Exhibit A. If the parties determine that a drawing of the Leased <br />Premises is necessary, it will also be included as part of Exhibit A. <br />Leased Premises Approximately 147 square feet of commercial space comprised of <br />Suite 408 in the Building, and as illustrated in the floor plan attached as <br />Exhibit A. Rentable area includes limited prorated share of the <br />common area, which currently includes restrooms. <br />Term April 13, 2026 – March 31, 2027 <br />Extension Term The terms and conditions of Extension Term(s), if any, are provided in <br />Exhibit B. If there is no Exhibit B, then there are no Extension Term(s). <br />Approved Use Commercial office space <br />Special <br />Termination <br />Right <br />Landlord may terminate this Lease for convenience at any time with a <br />minimum 30 days notice to Tenant. A termination for convenience is not a <br />default under this Lease by either party, and Tenant’s obligation to pay <br />Base Rent and Additional Rent is only for Base Rent and Additional Rent <br />accruing prior to the effective date of the termination for convenience.
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