File #: 13-2044    Version: 1 Name: Fourth Amend CareCenter Pharm 69W
Type: Lease Agreement Status: Approved
File created: 10/22/2013 In control: Economic Development, Bureau of
On agenda: 11/13/2013 Final action: 11/13/2013
Title: PROPOSED LEASE AMENDMENT Department: Real Estate Management Request: Approval of a Fourth Amendment to Lease Landlord: County of Cook Tenant: CareCenter Pharmacy, LLC Location: 69 W Washington, Lower Level Pedway, LL-12 Term/Extension Period: 12/1/2013 - 11/30/2014 Space Occupied: 1,200 Square feet Monthly Rent: $2,903.00 / Annual: $34,836.00 Fiscal Impact: Revenue Generating Accounts: N/A Option to Renew: N/A Termination: If a related Vendor Contract is not renewed or is terminated prior to 11/30/2014, either party may, at its option terminate this Lease upon thirty (30) days' notice at any time. Utilities Included: HVAC included, Tenant pays electric metered to Premises Summary: This Tenant is an affiliate of the entity currently under contract to provide the County's prescription benefits. The proposed rental rate is within the range of current market rates.
Indexes: (Inactive) ANNA ASHCRAFT
title
PROPOSED LEASE AMENDMENT
 
Department:  Real Estate Management  
 
Request:  Approval of a Fourth Amendment to Lease   
 
Landlord:  County of Cook    
 
Tenant:  CareCenter Pharmacy, LLC   
 
Location:  69 W Washington, Lower Level Pedway, LL-12  
 
Term/Extension Period:  12/1/2013 - 11/30/2014
 
Space Occupied:  1,200 Square feet   
 
Monthly Rent:  $2,903.00 / Annual: $34,836.00
 
Fiscal Impact:  Revenue Generating
 
Accounts:  N/A   
 
Option to Renew:  N/A  
 
Termination:  If a related Vendor Contract is not renewed or is terminated prior to 11/30/2014, either party may, at its option terminate this Lease upon thirty (30) days' notice at any time.    
 
Utilities Included:  HVAC included, Tenant pays electric metered to Premises   
 
Summary:    This Tenant is an affiliate of the entity currently under contract to provide the County's prescription benefits. The proposed rental rate is within the range of current market rates.
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