Lease Renewal Notice between Monro Muffler Brake, Inc. and F&J Properties, Inc. for 5910 Liberty Road, Baltimore, MD

Contract Categories: Real Estate › Lease Agreements
Summary

Monro Muffler Brake, Inc. notifies F&J Properties, Inc. of its intent to renew the lease for the property at 5910 Liberty Road, Baltimore, MD, for a ten-year period from January 1, 2008, to December 31, 2017. The annual rent will increase by 1% each year, with specific amounts listed for each year. The tenant retains one additional ten-year renewal option after this period. This letter serves as the official renewal notice under the original lease agreement.

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EX-10.79.C 8 l26219aexv10w79wc.htm EX-10.79C EX-10.79C  

Exhibit 10.79c
April 16, 2007
Via Certified Mail — Return Receipt Request
Mr. Fred Tomarchio
F&J Properties, Inc.
P.O. Box 55
Glenelg, MD 21737
RE:   Lease Agreement dated January 1, 1998 by and between F&J Properties, nc. (“Landlord”) and Monro Muffler Brake, Inc., as successor in interest to Mr. Tire, Inc. (“Tenant”) for premises situate at 5910 Liberty Road, Baltimore, MD [MMB #750]
Please accept this letter as Monro Muffler Brake, Inc.’s official notification of our intent to renew said lease agreement for the ten-year renewal period commencing on January 1, 2008 and expiring December 31, 2017. The rent for said renewal shall be increased annually by 1% as shown below.
         
1/1/2008 — 12/31/2008
  $ 5,426.01  
1/1/2009 — 12/31/2009
  $ 5,480.27  
1/1/2010 — 12/31/2010
  $ 5,535.08  
1/1/2011 — 12/31/2011
  $ 5,590.43  
1/1/2012 — 12/31/2012
  $ 5,646.33  
1/1/2013 — 12/31/2013
  $ 5,702.79  
1/1/2014 — 12/31/2014
  $ 5,759.82  
1/1/2015 — 12/31/2015
  $ 5,817.42  
1/1/2016 — 12/31/2016
  $ 5,875.59  
1/1/2017 — 12/31/2017
  $ 5,934.35  
Tenant shall have one ten-year renewal option remaining.
Please do not hesitate to contact me at ###-###-#### if you have any questions relative to the renewal.
Yours truly,
/s/ Thomas M. Aspenleiter
      VP Real Estate
 
TMA:mc