Attached files
file | filename |
---|---|
EX-32.1 - EX-32.1 - MONRO, INC. | mnro-20180331xex32_1.htm |
10-K - 10-K - MONRO, INC. | mnro-20180331x10k.htm |
EX-31.2 - EX-31.2 - MONRO, INC. | mnro-20180331xex31_2.htm |
EX-31.1 - EX-31.1 - MONRO, INC. | mnro-20180331xex31_1.htm |
EX-24.01 - EX-24.01 - MONRO, INC. | mnro-20180331xex24_01.htm |
EX-23.01 - EX-23.01 - MONRO, INC. | mnro-20180331xex23_01.htm |
EX-21.01 - EX-21.01 - MONRO, INC. | mnro-20180331xex21_01.htm |
EX-10.74 - EX-10.74 - MONRO, INC. | mnro-20180331xex10_74.htm |
May 30, 2017
Via Certified Mail – Return Receipt Request
Mr. Fred Tomarchio
425 Manchester Road L.L.C.
P.O. Box 55
Glenelg, MD 21737
RE: |
Lease Agreement dated January 1, 1998 by and between 425 Manchester Road L.L.C. (“Landlord”) and Monro Muffler Brake, Inc., successor-in-interest to Mr. Tire, Inc. (“Tenant”) for premises situate at 425 Manchester Road, Westminster, MD [MMB #754] |
Dear Fred:
Please accept this letter as Monro Muffler Brake, Inc.’s official notification of our intent to renew said lease agreement for the ten-year renewal period commencing April 1, 2018 and expiring March 31, 2028. The rent for said renewal shall be increased annually by 3% as shown below:
|
April 1, 2018 - March 31, 2019 |
$15,351.94 |
|
April 1, 2019 - March 31, 2020 |
$15,812.50 |
|
April 1, 2020 - March 31, 2021 |
$16,286.88 |
|
April 1, 2021 - March 31, 2022 |
$16,775.48 |
|
April 1, 2022 - March 31, 2023 |
$17,278.75 |
|
April 1, 2023 - March 31, 2024 |
$17,797.11 |
|
April 1, 2024 - March 31, 2025 |
$18,331.02 |
|
April 1, 2025 - March 31, 2026 |
$18,880.95 |
|
April 1, 2026 - March 31, 2027 |
$19,447.38 |
|
April 1, 2027 - March 31, 2028 |
$20,030.80 |
Tenant shall have no renewal options remaining.
Please do not hesitate to contact Mindi Collom at 585-784-3320 if you have any questions relative to the renewal.
Very truly yours,
/s/ John W. Van Heel
John W. Van Heel
CEO & President
JVH:mc