Lease type: Absolute NNN Rental payment: $280,000 yearly, payable in 12 monthly installments of $23,333.33. Primary Lease: expiration date: 08-31-2036 (Store sales at this location are strong). Lease renewal options: Prior to the end of the primary lease term, tenant has 5 options to extend lease, each option for a term of 5 years. Lease calls for rental increases at the beginning of each option period.