Nature of Contract
To extend a current retail lease for a period of five-years at full Market rates that will provide additional rent of $689,049 and that provides for an additional five-year option if exercised, that will provide additional rent of $798,813.
Date Contract Approved
June 19, 2014
Amount
Minimum Annual Guarantee of the extended five-year term will provide additional rent of $689,049. Should the one five-year option be exercised, it will provide additional rent of $798,813.