Examples of Remaining Lease Term in a sentence
If in computing loss or damage it becomes necessary to value the Title as the result of a covered matter that results in an Eviction of the Tenant, then that value shall consist of the value for the Remaining Lease Term of the Leasehold Estate and any Tenant Leasehold Improvements existing on the date of the Eviction.
In either event, this determination of value shall take into account rent no longer required to be paid for the Remaining Lease Term.
InVEStMEnt hIGhlIGhtS Tenant Home Depot Address 0000 Xxxxx Xxxx Location Orange Park (Jacksonville), FL 32037 Building Size 108,578 SF Land Size 11.37 Acres Current Rent $1,187,546 Remaining Lease Term 3 1/3 Years Existing Debt N/A Interest Fee Simple Starting Bid $2,000,000 Executive Summary Transwestern and Xxxxxxx.xxx are pleased to offer for sale to qualified investors an absolute net leased property in Orange Park (Jacksonville), Florida.
Guarantor: ($1 Billion in Revenue) Location 0000 Xxxxxxx Xxxxx Xxxxxxxxxx, XX 00000 Year Built: 2016 Parcel Size: 0.4 Acres Building Size: 3,500 SF Remaining Lease Term: 10 Years Options to Extend: Two (2) - Five (5) Year Options to Extend Options Rent Increases: 7.5% Increases every 5 Years in Firm Term and Rent Commencement: 3/1/2017 Lease Type: Modified NNN Lease.