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File #: 14-5047    Version: 1 Name: Care Center Pharm 5th Amend 69W
Type: Lease Agreement Amendment Status: Approved
File created: 8/25/2014 In control: Board of Commissioners
On agenda: 9/10/2014 Final action: 9/10/2014
Title: PROPOSED LEASE AMENDMENT Department: Real Estate Management Request: Approval of a Fifth Amendment to Lease Landlord: County of Cook Tenant: Care Center Pharmacy, LLC Location: 69 West Washington Street, Lower Level Pedway LL-12 Term/Extension Period: 12/1/2014 - 11/30/2017 Space Occupied: 1,200 square feet Monthly Rent: Annual Monthly PSF $34,836.00 $2,903.00 $29.03 Fiscal Impact: Revenue Generating Accounts: N/A Option to Renew: N/A Termination: In the event the Vendor Contract is not renewed or is terminated prior to 11/30/2017, either party may terminate this Lease upon thirty (30) days' notice at any time Utilities Included: Tenant pays for electricity metered to premises Summary: The Fifth Amendment extends the term of the lease for space located on the Pedway level of the George W. Dunne Office Building at 69 West Washington Street, Chicago, Illinois. This Tenant is an affilia...
Indexes: (Inactive) ANNA ASHCRAFT
title
PROPOSED LEASE AMENDMENT
 
Department:  Real Estate Management  
 
Request:  Approval of a Fifth Amendment to Lease  
 
Landlord:  County of Cook  
 
Tenant:  Care Center Pharmacy, LLC
 
Location:   69 West Washington Street, Lower Level Pedway LL-12
 
Term/Extension Period:  12/1/2014 - 11/30/2017
 
Space Occupied:  1,200 square feet  
 
Monthly Rent:  Annual       Monthly       PSF
                         $34,836.00      $2,903.00      $29.03
 
Fiscal Impact:  Revenue Generating
 
Accounts:  N/A
 
Option to Renew:  N/A
 
Termination:  In the event the Vendor Contract is not renewed or is terminated prior to 11/30/2017, either party may terminate this Lease upon thirty (30) days' notice at any time
 
Utilities Included:  Tenant pays for electricity metered to premises  
 
Summary:    The Fifth Amendment extends the term of the lease for space located on the Pedway level of the George W. Dunne Office Building at 69 West Washington Street, Chicago, Illinois. 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.end