Consider leasing property at 102 N. Old Statesville Road (former Auto Parts store) to Foster's Frame for a 1-year term. Square footage is 1,600.
Town would retain storage area and garage area in the building for Town use. Appropriate insurance would be continued.
Tenant would occupy on or beyond January 1, 2017.
Parking would be joint use.
The Town has not actively marketed the building as it has served as storage space for Parks & Recreation and the Police Department. The parking has also precluded a full-time complete lease to a commercial tenant. John Foster approached the Town about a joint use lease that would allow both parties to use different parts of the building and have shared parking. This unique opportunity would also keep a local business in town. This business has been in Huntersville for over 20 years.