Annual base rent
$231,540
$12.00/SF · 19,295 SF
Term
Nov 1, 2022 — Nov 1, 2027
74% elapsed · 1.3 yrs remaining
Tenant
Drn'S Corp.
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
Nov 1, 2022
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Drn'S Corp.
Premises area
19,295 SF
Commencement
Nov 1, 2022
Term end
Nov 1, 2027
Base rent (per SF)
$12.00/SF
Base rent (annual)
$231,540
Escalation type
CPI
Escalation rate
2.8%
Renewal term (years)
10
Renewal notice date
Nov 1, 2026
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant