5. Lease Agreement with Southridge Shoppes (US), Inc., located at 4113/4117/4121

BCC - Regular Board Meeting - 2nd Tuesday · 2026-04-14 · agenda_item

Lake County is reviewing a lease agreement for approximately 4,500 square feet of commercial space located at 4113/4117/4121 County Road 561 in Tavares. This space is currently leased by Southridge Shoppes (US), Inc. The county plans to assume monthly rent payments starting May 1, 2026, and will also cover pest control and janitorial services beginning October 1, 2026. The county will be responsible for routine maintenance and utilities, including internet, garbage, electricity, and water/sewer. This item is currently under review by the Board of County Commissioners. The scope of work involves ongoing operational services such as pest control and janitorial cleaning, as well as routine maintenance and utility management. Local contractors and service providers in pest control, janitorial services, general maintenance, and utility services may find opportunities. Early engagement before final agreements are settled could provide an advantage.

square feet

4500 sq ft

monthly rent

6000 dollars per month

per sq ft rate

16.00 dollars per sq ft

monthly rent

6150 dollars per month

per sq ft rate

16.40 dollars per sq ft

Common Area Maintenance (CAM)

1856.25 dollars per month

pest control

2160 dollars annually

janitorial services

120000 dollars annually

Fiscal Year 2026 expenditure

187285.25 dollars

Fiscal Year 2027 expenditure

606277.73 dollars