Annual base rent
$281,700
$11.25/SF · 25,040 SF
Term
May 1, 2020 — May 1, 2023
100% elapsed · term ended
Tenant
Baldor Food, LLC
Base instrument with no amendments — current terms reflect the original.
Original Commercial lease
May 1, 2020
Base instrument — the executed lease/agreement.
Landlord
New York City Economic Development Corporation
Tenant
Baldor Food, LLC
Premises area
25,040 SF
Commencement
May 1, 2020
Term end
May 1, 2023
Base rent (per SF)
$11.25/SF
Base rent (annual)
$281,700
Escalation type
Fixed step
Escalation rate
2.9%
Renewal term (years)
5
Renewal notice date
May 1, 2022
GL per occurrence
$1,000,000
GL aggregate
$2,000,000
Additional insured
Required
Roof & structure
Landlord
HVAC filters
Tenant