Laserfiche WebLink
<br />~:Or", No. #4332 - Colorado Springs, CO <br />New Lease <br />Kmart Information Sheet <br /> <br />PROCESSING <br />COMPLETE <br />FEe 0 7 2000 <br /> <br />O.".,.f DIs111butJon: <br />N. Adarna <br />S. Wonyl <br />D. Burdick <br />W. Duffy (2) <br />K. Erb <br />T. Falllce <br />S. Gilbert <br />J. L. tMrdy <br />M. tMye. <br />D. HoI..nd <br />Me KarmIn <br />J. KIng <br />B. LeFevre <br />S. Mc:Laren <br />J. Mitchell (File Mgmt copy) <br />G. MotU <br />It. 0'Ne01 <br />M. Roberta (Devon Tax) <br />E. SheIut <br />S. Shvelda <br />N. Spll.... <br />M. Thurum (Risk Mgmt) <br />C. ZKh <br /> <br />Dlreetrw FKlmv Sewk:N: <br />D. Gutllne. PIltaburgh F.e. (2) <br />C. May, West CovIM F.e. (2) <br />s. MoneY. Pa"'" F.e. (2) <br />M. Weeka, Marietta F.O. (2) <br /> <br />Reololul DIret:tDr of EnMns<< <br />K. GuncMnon. I'tU2..cENTRAL <br />M.Janfana.I3~ <br />s. DICocco. MIOO-SOUTHEAST <br />M. Pugh. t:SI44-MIDEAST <br />J. McGoIdrtcIE. ~ <br />J. Paronto. CAROoSOUTHWEST <br />D.SchwlIhr,~ST <br />R. Brumley, Canton DC-GREAT <br />LAKES <br /> <br />ProI<<:1 RWI'. ffrK REWs ONl. YJ: <br />P. Doyon - Canon DC <br />E. Gwozdz . Michigan F.O. <br />P. White -14111 <br />R. Marks. PIttsburgh F.o. <br />J. Walker - Tau F.O. <br />J. 8urMU . Orlando F.O. <br />M. M..... - PUdIne F.O. <br /> <br />Chart File (2) <br /> <br />Net Lease: <br /> <br />This Is a Net Lease. <br /> <br />Pharmacv: <br /> <br />Yes <br /> <br />Restrictions: None <br /> <br />Landlord: <br /> <br />Store # Kmart #4332 <br />Address 3020 Nevada Street <br />City/StatelZip Colorado Springs, CO 80907 <br />Rental Payee: <br /> <br />Leonard Rosenberg Same <br />Kmart Plaza Ud. <br />2121 Kirby Drive, Suite 68 <br />Houston, TX 77019 <br /> <br />LandlordlOevelooer Contact: Leonard Rosenberg (713) 524-2212 <br />Lease Execution Date: October 28, 1999 <br /> <br />Buildlna: 104,000 square feet (gross) <br /> <br />I!m!: Interim Term - Commences on the effective date (October 28.1999) <br />and shall terminate on the date of Tenant's Grand Opening or Re- <br />Grand Opening. <br />Primarv Term - Commences on the first day following the expiration <br />of the Interim Term and shall terminate on such date as shall be 25 <br />years from the last date of the month In which the Interim Term <br />terminates. <br />Extended Term - Five 5-year renewal periods with 12 months notice. <br />Suoolemental Term - To January 31, following any expiration date. <br /> <br />Effective Date: October 28. 1999 <br /> <br />Annual Rental: (Commences on the Commencement Date of the Primary <br />Term) <br /> <br />PrimalV Term . <br /> <br />Extended Term <br /> <br />Lease Year <br /> <br />Lease Year Annual Rental <br /> <br />Annual Rental <br /> <br />1 - 13 <br />14 - 11 <br />19 - 23 <br />24- 25 <br /> <br />1st Option $651,950.17 <br />2- Option $724,145.95 <br />3N Option $797,330.54 <br />4'" Option -$177,063.59 <br />5'" Option $965,000.00 <br /> <br />$419,000.00 <br />$523,230.00 <br />$559,156.10 <br />$599,046.27 <br /> <br />Percentaae Rental: None (as of the Commencement Date of the Plimary <br />Term. <br /> <br />FOR ADDITIONAL INFORMATION REFER TO ATIACHED LEASE QUOTES. <br /> <br />\AI....,.. ..... - ...a..-----.. <br /> <br />Ted Lacy <br />Real Estate Representative <br />