HomeMy WebLinkAbout13-01000 Submittal-Matrix of Supermarkets and OffersBase Rent
Term
Base Rent Increases
Options
Option Base Rent
Operating Expenses
Rent Commencement
Tenant Improvement Allowance
Percentage Rent
Rent Abatement
Other Comments
** at this level, the possibility
to receive any percentage rent
is remote at best. $833,000
monthly in sales in unlikely.
Price
Choice
Presidente
Say A Lot
$4.00/S. F.
$ 4.00/S. F.
$4.00/S.F.
10 years
5 years
10 years
$.40/S.F. in years 6 - 10
None
$.40/S.F. in years 6 - 10
2 - Ten year options
5 - five year options
3 - Five year options
10% incr. every 5 years
$.50/S.F. every 5 years, starting in year 11
5% incr. every 5 years
RE Taxes, Ins, CAM Prorata
RE Taxes, Ins, CAM Prorata
RE Taxes, Ins, CAM Prorata*
240 days
180 days
120 days
$150,000 plus electric power, fire sprinkler
$ 200,000.00
$ 200,000.00
system and utility tap fees
1% over $12,000,000 in Sales **
None
None
None
$25,000/year for the first 4 years
None
We have financial infor-
We are requesting financial infor-
Financial strength is strong, but tenant will
mation from this tenant, not strong,
but has experience
mation from this tenant
not guarantee the lease, no previous grocery
operating experience
/3-O! D00_Suform I_ Riop'ifj VIanr rue4% CC►npa`gl- M&&iX of 5 ferMarke-s and 0. f fe,rs
* Landlord to maintain
tenant HVAC and Fire
sprinkler system
Submitted into the public
record in connection with
Item 5 on 09/30/13.
Todd B. Hannon
Clerk of the Board