
BY: STAFF REPORT
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BOCA RATON, FL (BocaNewsNow.com) — The operator of a Boca Raton Burger King owes nearly $60,000 in back rent, according to a lawsuit just filed in Palm Beach County Circuit Court.
The filing, which names “Phoenix of Boca, LLC,” — a Burger King operator — as the defendant, alleges $59,519.79 is owed to “Garden Shops at Boca Joint Venture.” The business owns the Garden Shops at Boca Shopping Center at 7070 West Palmetto Park Road which is near the intersection of Jog Road.
The suit reveals that Burger King currently pays $12,691.24 per month in rent. The lease started on May 31, 2011.
According to the lease, which we are publishing below, annual rent for the first five years ran $130,000 each year. Years six to 10 brought an increase to $143,000 per year.
There was no immediate response filed by “Phoenix of Boca.”