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Regarding: 1200 Sq. Ft. Rental available at 181 Route 10 East Hanover, N.J. 07936 Front portion of building facing Highway Route 10 with three sides full glass exposure. Previously occupied by Cafe Dellanno and used as 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 $ 2,500.00 with an inflation increase tied to an agreed upon index but no less than 3% per year for the first 5 years. 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. |