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Old Dec 15, 2011, 8:30 am
  #11  
a7800
 
Join Date: Oct 2009
Posts: 842
I think you are a little low on the lease/rent costs too.

Here is what it costs to lease space at DEN

What is the rent structure?
The rent is equal to a Minimum Annual Guarantee (MAG) which is the rate per square foot or a Percentage Fee, whichever is greater. The Percentage Fee is established in the RFP document according to the concession policy.
Retail $70 per square foot
Food/Beverage $59 per square foot
Services $36 per square foot
Office Space $59 per square foot
Storage Space $12 per square foot

Obviously Denver wouldn't require a huge Skyclub, but let's use the relatively new club at IND as an example. It is 4,800 square feet.

There is probably a deal to be had on a large space, but even just renting storage space would run $57,600.
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