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Notice of Property Lease - 2405 Charlotte Street, Kansas City, Mo.

Notice of Property Lease

2405 Charlotte Street, Kansas City, Mo.

The University of ÃÛÌÇÖ±²¥ executed a lease of property at 2405 Charlotte Street, Kansas City, Mo. to BROWN CHICK, INC., d.b.a. Perk Up on June 12, 2008. The lease was approved by the University of ÃÛÌÇÖ±²¥ Board of Curators on June 6, 2008. The lease is for 5,236 square feet for 10 years with an option by the tenant to renew for two additional five-year terms. Rent beginning after approximately 20 months, will be $16 per square foot through year five, $17.00 per square foot for year six, with 3 percent annual escalation for years seven through 10, for the University of ÃÛÌÇÖ±²¥–Kansas City.

Reviewed 2010-06-15