Original Lease Dated: May 9, 1966 with rent commencement June 1, 1968.
Building Size: Approximately 7,040 square feet.
Land Area: Approximately .84 acers.
Term: Lease renewed 6/05/20 for an addition five (5) years to 10/ 31/ 28.
Base Rent for Extension Term: $50,400. per year at $4,200.00 per month from 11/01/18 to 10/31/28. [$7.16 / SQ FT]
to the expiration of the extended term.
RE Taxes: Tenant reimburses the Landlord 100%.
Insurance: Tenant responsible for insurance for building and general liability directly.
Landlord Maintenance: Roof and building structure only. Good condition.
Tenant Maintenance: All other repairs and replacements including parking lot.
Subsurface: Original site pre-construction was the former Village of Endicott land fill. No mandates to remediate.