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RENT ROLL
TENANCY
Reimbursements
Tenant
Suite
Leased
Square
Feet
GLA % Lease Start
Lease
End
Rent Step
Date
Annual Rent
(PSF)
Monthly
Rent ($)
Annual Rent
($)
CAM INS
RET
Bloom Fitness, LLC
d/b/a Bloom Fitness
100-101
3,171
5.4% 3/1/2016
5/31/2019 Current
$10.55
$2,788
$33,454 Net
Net
Net
Comments
Utility Services:
Tenant is responsible for separately-metered utilities for its Premises.
Permitted Use:
Tenant shall use its Premise solely as a Fitness Facility and for no other purpose without Landlord’s prior written consent.
Right of First
Refusal:
Tenant shall have a Right of First Refusal to lease suites 102 & 103.
Termination
Option:
At any time after the initial 12-month term, Tenant may terminate its lease under the following terms: (1.) Tenant must provide Landlord at least six
(6) months advance written notice, (2.) Tenant shall pay a termination fee in the amount of $20,000, and (3.) Tenant shall forfeit its security deposit
($3,369.19).
Guarantor(s):
Josi Gusky and Missy Wehldmann (individuals).
Vacant
102-103 2,459
4.2%