Ashland County ground lease for High Bridge Post Office

$0.00 beginning of the first day of Month 01 and ending on the last day of Month 03; $6,720.00 beginning on the first day of Month 04 and ending on the last day of Month 63; $7,392.00 beginning on the first day of Month 64 and ending on the last day of Month 123; renewal options at $8,131.20 (Months 124–183), $8,944.32 (Months 184–243), $9,838.80 (Months 244–303); one-time $5,000.00 payment to Landlord for Landlord Work

FACILITIES

Fixed term of 123 months from Commencement Date, with three 60‑month renewal options (Months 124–183, 184–243, 244–303)

Initial fixed term runs 123 months from the Commencement Date. USPS holds three separate renewal options: Months 124–183 at $8,131.20 per year, Months 184–243 at $8,944.32 per year, and Months 244–303 at $9,838.80 per year, exercisable by written notice at least 30 days before the end of the then‑current term. USPS may terminate the lease any time after Month 123 with 30 days’ written notice.

AgendaPacket