Ground Lease Letter of Intent
Ground Lease Letter of Intent
January 10, 2057
Ava Lawrence
654 Dreamland Drive, Suite 33,
Fantasy Fields, AZ 12345
Dear Ms. Lawrence,
I am writing to express my intent to secure a ground lease on the property located at 123 Main Street, Fantasy Fields, AZ 12345. I understand that this property is currently available for lease, and I am interested in using it for a commercial retail space. As an experienced tenant with a solid track record in property management, I am equipped with the necessary knowledge and resources to maintain and manage the ground lease property.
I have no issues in adhering to the terms of the lease and will ensure to meet my rental responsibilities in a timely and efficient manner. I am proposing a lease term of five years with the possibility of extending it further. Regarding rental payments, I am open to negotiations based on the fair market value of the property and the terms of the lease.
Once agreed, I would like to proceed to execute a formal ground lease agreement immediately to formalize our business arrangement. I look forward to your positive response. I assure you that leasing the property to me would be beneficial for both parties.
Sincerely,
[Your Name]
[Your Email]