Patrick Breslin
CB Richard Ellis
560 Lexington Avenue
New York, NY 10022
T 212-207-6043
F 212-207-6095
Dear Patrick:
Regarding:
AT & T lease proposal for
1200 Sq. Ft. Rental available at
181 Route 10
East Hanover, N.J. 07936
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. Application must be made within 7 days from possession.
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.
As to item 4. Rent:
The rent is $42,000 Net Per Annum with an annual
increase of 3% . The rent is based on the rental of the primises as a whole entity and not on a per square foot bassis. The tenant will pay all utilities. RealEstate taxes are included in the rent. The tenant shall pay 50% of any increase in Real Estate taxes over the base year (1999).
As to item 7. Free Rent:
Free Rent for 1 month from possession. Half Rent ($1,750.00) next 2 months.
As to Item 13. Landlords Work:
As is. Any repairs, maintenance, alterations, or improvements required by the tenant or any government authority to the interior or exterior of the premises including the parking area will be at the tenants sole cost and expense. This will include but is not limited to all plumbing, heating, airconditioning, electrical, lighting, carpentry and painting.
As to Item 14. Lease Form:
Landlords Lease Form to be used.
Sincerely,
William Imperial
cc: Alan A. Siegel
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