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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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