Homewood Suites Boulder Lease Schedules: Commencement, Base Rent, and Revenue Breakpoints

Contract Categories: Real Estate › Lease Agreements
Summary

This document outlines key schedules related to the lease of the Homewood Suites in Boulder, Colorado. It specifies the lease commencement date as June 30, 2000, sets the annual base rent at $774,052, and details quarterly suite revenue breakpoints from 2000 through 2009. These schedules are likely part of a larger lease agreement, establishing important financial terms and timelines for both the property owner and the tenant.

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EX-10.2 13 0013.txt EXHIBIT 10.2 EXHIBIT 10.2 SCHEDULE 2.1(i) COMMENCEMENT DATES Homewood Suites(R) Boulder Boulder, Colorado June 30, 2000 SCHEDULE 3.1(A)-9 BASE RENTS Homewood Suites(R) Boulder Boulder, Colorado $774,052 -2- SCHEDULE 3.1(b)-9 SUITE REVENUE BREAKPOINT HOMEWOOD SUITES(R) BOULDER BOULDER, COLORADO
- -------------------------------------------------------------------------------------------- QUARTERS 2000 2001 2002 2003 2004 - -------- ---- ---- ---- ---- ---- 1ST QUARTER $-- $251,566 $259,306 $270,917 $278,658 2ND QUARTER $3,096 $503,132 $518,612 $541,834 $557,316 3RD QUARTER $281,754 $754,698 $777,918 $812,751 $835,974 4TH QUARTER $560,412 $1,006,264 $1,037,224 $1,083,668 $1,114,632 - -------------------------------------------------------------------------------------------- - -------------------------------------------------------------------------------------------- QUARTERS 2005 2006 2007 2008 2009 - -------- ---- ---- ---- ---- ---- 1ST QUARTER $286,398 $294,139 $301,879 $309,620 $317,360 2ND QUARTER $572,796 $588,278 $603,758 $619,240 $634,720 3RD QUARTER $859,194 $882,417 $905,637 $928,860 $952,080 4TH QUARTER $1,145,592 $1,176,556 $1,207,516 $1,238,480 $1,269,440 - --------------------------------------------------------------------------------------------
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