IMPERIAL REALTY PARTNERSHIP, L.L.P. P.O. Box 576 Succasunna, NJ 07876 Phone 973-895-3711 Fax 973-895-5633 EXCELENT LOCATION - HIGH VISIBILITY ON ROUTE 10 EAST, EAST HANOVER, NJ ADDRESS: 181 ROUTE 10 EAST HANOVER, NJ 07936: APPROX. 1,200 SQ FEET RENT IS $ 2,700.00 PER MONTH Front portion of building facing Highway Route 10 with three sides full glass exposure. Last occupied by ITC Cellular and previously by Cafe Dellanno, a retail store selling and serving Gormet Coffee, desserts and sandwiches. The Township of East Hanover requires approval for a change of use. As this property is not in a retail zone, the applicant must apply to the Board of Adjustment. GENERAL LEASE TERMS A personal Guaranty is required. A credit report and finacial statement are required. Triple Net five (5) year lease with a five (5) year option. The monthly rent is $ 2,700.00. Real Estate taxes are included in the rent. The tenant shall pay 50% of any increase in Real Estate taxes over the base year (the first year). A security deposit equal to four (4) months rent to be held by the landlord. Any governmental approvals ( including but not limited to change of use approval ) required to occupy and conduct buisiness or use the premises will be at the tenants sole cost and expense. REALTOR NOTE: IMPERIAL REALTY PARTNERSHIP L.L.P. markets the rental of all the properties owned by the Partnership. Our policy regarding Realtor/Brokers is as follows: Imperial Realty Partnership will pay one half the prevailing rate of commision ( one half of 5% for Commercial Rentals, two and one half percent, net ) This amount is paid on the initial term of the lease only, up to 5years and is paid in annual installments over the term of the initial lease. The commision must be built into the lease over and above our advertised rent for the property.