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UA[IrT �� AM 5 Lease (Multi -Tenant Form) Facility Name/Location Miami - Sunny Isles Beach Finance (115902-001) County: Dade 18070 COLLINS AVE, SUNNY ISLES BEACH FL 33160-2723 Lease: Q90000541565 This Lease, by and between CITY OF SUNNY ISLES BEACH, ("Landlord") and the United States Postal Service ("USPS" or "Postal Service"), is made as of the Effective Date. The "Effective Date" shall mean the date the Postal Service executes this Lease. In consideration of the mutual promises set forth and for other good and valuable consideration, the sufficiency of which are hereby acknowledged, the parties covenant and agree as follows: 1. PREMISES: Landlord hereby leases to the Postal Service and the Postal Service leases from Landlord, the following premises (the "Premises") located in a Brick/Block building having a street address of 18070 COLLINS AVE, SUNNY ISLES BEACH, FL 33160-2723 (the "Building") situated upon the real property with an Assessor's Parcel Number of 31-2211-082-0030 (the "Property"). The Premises consists of approximately 1,200 square feet of net interior space as shown cross -hatched on Exhibit A and additional space,if any, as shown on Exhibit C attached hereto and incorporated herein by this reference. The Postal Service shall have the non-exclusive right in common with other tenants, if any, of the Building to use any and all stairways, halls, toilets and sanitary facilities, and all other general common facilities in the Building as well as appurtenances and easements benefiting the Premises and the Property, and all common sidewalks, driveways, drive lanes, entrances, exits, access lanes, roadways, service areas, parking and other common areas, wherever located in or on the Property, which the Postal Service deems necessary or appropriate to support its intended use of the Premises and to exercise its rights under this Lease. Landlord shall not make any changes to the size, location, nature, use or place any installations upon, the common areas, including, without limitation the sidewalks and parking areas, of the Property which impair the accessibility to or visibility of or ease of use of the Premises by the Postal Service and/or its customers, as reasonably determined by the Postal Service. 2. TERM: The Lease shall be effective as of the Effective Date but the term of this Lease and the obligations of the Postal Service, including the payment of any charges or rent under this Lease, shall begin on April 01, 2020 ("Commencement Date") and end on March 31, 2025, unless sooner terminated or extended as provided herein. If this Lease is extended, then such extended period shall also be referred to herein as the "term." 3. RENT: The Postal Service will pay Landlord an annual rent of: $39,000.00 ("Rent"), payable in equal installments at the end of each calendar month during the term. Rent for a part of a month will be prorated according to the number of days of the month occurring during term. Rent shall be paid to: CITY OF SUNNY ISLES BEACH 18070 COLLINS AVE SUNNY ISLES BEACH, FL 33160-2723 4. RENEWAL OPTIONS: The Postal Service shall have the right to the following renewal options: _11-1-11--___.._..... ;Annual i Period Rent 04/01/2025 E03/31/2030' Valuet August 2017 Page 1 of 2