Proposed_Lease_Business_Terms.pdf

This is a Proposed Lease Business Terms attachment for a real property lease opportunity with the City of Tampa, Florida. The City seeks to lease approximately 19,050 square feet of improved property located at 2806 N. 15th Street in the Ybor City Historic District and East Tampa Community Redevelopment Area to a qualified 501(c)(3) non-profit organization. The selected tenant will provide recreational, educational, and accessory daycare programs for underserved residents, with activities limited to individual and community growth and development. All site work, signage, and exterior renovation or alteration must be reviewed by the Barrio Latino Commission for consistency with Ybor City Design Guidelines and the Secretary of the Interior's Standards for Rehabilitation, with a Certificate of Appropriateness required prior to permitting.

The lease structure is triple net, with the tenant responsible for all operating expenses, capital costs, repairs, maintenance, taxes, utilities, insurance, and indemnification as specified by the City. The attachment requires proposers to specify annual base rent per square foot, total annual rent, lease commencement date, annual escalation rate percentage, tenant improvements cost estimate, contribution toward roof improvements, and annual operating expense estimates including utilities, janitorial services, insurance, taxes, maintenance, maintenance reserves, and other applicable costs. The document provides a blank template for proposers to complete with their specific business terms and is signed by an authorized representative.