Notice of Intent to Lease Real Property City Council of the City of Charlotte will consider leasing approximately 2,472 square feet of retail space ("Suite 215") in the University City Boulevard Parking Deck owned by the City, located at 7205 N. Tryon St. in Mecklenburg County, NC. The Lessee, JuaMoto Sunfired Cuisine LLC, proposes to operate a restaurant and serve food and beverages and related services and products. The proposed term and annual lease payments are as follows: -Term: 63 months, with one 60-month option to renew -Base Rent: $4,429 per month ($53,148 per year) for year one, escalating at a rate of 3 percent annually for each year thereafter. This rate is consistent with market rates. The renewal period will start at market rate. Notice is hereby given pursuant to NC General Statute §160A-272(a1) that the City Council of the City of Charlotte intends to consider authorizing the lease at its September 22, 2025 meeting, located in the Meeting Chamber at the Charlotte-Mecklenburg Government Center, 600 E. Fourth Street in Charlotte, NC 28202. Kelly Goforth, CATS City of Charlotte Charlotte, NC 28202 704-999-1994 IPL0264870 Aug 19 2025