Prime property | Marina for sale; lessee disagrees
Grubenhoff says her family’s lease on Long Cove runs through 2029.“It means nothing as far as I’m concerned,” Grubenhoff said of the real estate listing.Presley told the Lake Wylie Pilot last week that the Grubenhoffs have an option to extend their current lease, which runs through 2013, to the 2029 timeframe at a “substantially higher lease than they’ve been accustomed to paying.” The triple net lease – an arrangement where the lessee pays rent along with taxes, insurance Read more [...]