Lease Confirmation Statement

This is a lease confirmation statement document prepared by the City of Tampa for the disposition of real property located at 411 North Franklin Street, Tampa, Florida. The document outlines the existing tenant occupancies and lease terms that the successful proposer will need to address upon acquisition of the property. Two tenants currently occupy the property: Dan Hayman Jewelers, Inc., operating a 733-square-foot space in the northwest corner of the first floor of the main structure under a month-to-month lease at $1,553.43 per month, and P10 Kennedy, LLC (Moxies), occupying an unspecified square footage in the southwest corner of the first floor of the parking garage structure under a lease expiring April 6, 2030, with a 3% annual escalation clause and a five-year tenant renewal option at a monthly rate of $3,582.15. The document indicates that the successful purchaser will assume the existing leases but requires tenant space to be vacated at the time of property occupancy, with specific conditions to be negotiated and documented under each lease arrangement.

The statement serves as an attachment to the property disposition proposal documents and provides critical information regarding lease obligations and tenant removal responsibilities. Both lease arrangements require the purchaser to determine whether to assume or terminate the existing leases while ensuring tenant vacancies are achieved. The document contains incomplete sections for documenting the specific conditions and compensation arrangements that the purchaser will provide to facilitate tenant removal and lease termination or assumption. This lease confirmation is essential for proposers to understand the immediate operational and financial implications of acquiring the property and to incorporate tenant relocation and lease assumption or termination costs into their financial capacity demonstrations and purchase proposals.