Lease Renewal Option Agreement between AA&L Associates, L.P. and Monro Muffler/Brake, Inc. for 3384 Delaware Avenue

Contract Categories: Real Estate Lease Agreements
Summary

This agreement is between AA&L Associates, L.P. (the landlord) and Monro Muffler/Brake, Inc. (the tenant) regarding the property at 3384 Delaware Avenue, Buffalo, NY. It grants the tenant a five-year option to extend the lease beyond its current end date of June 30, 2007, at a monthly rent of $3,300. To exercise this option, the tenant must give the landlord six months' written notice. If exercised, the renewal period will run from July 1, 2007, to June 30, 2012.

EX-10.51A 10 l94211aexv10w51a.txt EXHIBIT 10.51A EXHIBIT 10.51a December 19, 2001 Mr. Burt August AA&L Associates c/o Monro Muffler/Brake 200 Holleder Parkway Rochester, NY 14615 RE: Agreement between AA&L Associates, L.P. (Landlord) and Monro Muffler/ Brake, Inc. (Tenant) for premises situate at 3384 Delaware Avenue, Buffalo, NY [MMB #58] Dear Burt: Per our conversation, please be informed that Monro Muffler/Brake, Inc. and AA&L Associates are interested in formalizing an agreement providing for a five year option period to extend said term beyond its current expiration date of June 30, 2007. The rent for said renewal period shall be $3,300.00 per month. Tenant shall provide to Landlord six (6) months written notice of its intent to exercise said renewal option. The option period, if exercised, shall run from July 1, 2007 through June 30, 2012. If this meets with your approval, please sign both copies and return one copy to my attention. If you have any questions relative to this matter, please do not hesitate to contact me at ###-###-####. Yours truly, Thomas M. Aspenleiter VP Real Estate TMA:mc As evidenced by my signature, I agree to the above terms and conditions. /s/ Burt August - -------------------------------------------- ----------------- Burt August Sr. Date