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