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Form 14-2: Letter of Intent with Bank to Ground Lease Free-Standing Bank Pad in Neighborhood Center

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Includes (i) Allocation of On- and Off-Site Costs and Development Fees and (ii) REA Restrictions (Contains illustrative site plan showing the service station parcel and building envelope)

 

(9 pages)

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$25

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In addition to the following deal points, this Word form also includes developer-oriented comments addressing how refinements could be made to cooperatively expedite the transaction. 

  • Site.

  • Use.

  • Initial lease term.

  • Options to extend lease term.

  • Minimum annual rent and adjustments thereto.

  • Option period rent.

  • Rent commencement.

  • Pad delivery.

  • Site plan.

  • Architectural criteria.

  • Signage.

  • Restricted parking.

  • Subletting and assignment.

  • Completion of on- and off-site improvements.

  • On-site and off-site maintenance and expense.

  • Title.

  • Commission.

  • Contingencies.

  • Not binding.

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