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HORNWOOD v. SMITH'S FOOD KING NO. 1

No. 18980.

772 P.2d 1284 (1989)

Sanford and Rita HORNWOOD, Appellants/Cross-Respondents, v. SMITH'S FOOD KING NO. 1 and Smith Management Corporation, Respondents/Cross-Appellants.

Supreme Court of Nevada.

Rehearing Denied June 23, 1989.

Attorney(s) appearing for the Case

Marquis, Haney & Aurbach, Las Vegas, for appellants/cross-respondents.

Jolley, Urga, Wirth & Woodbury, Las Vegas, for respondents/cross-appellants.

Thorndal, Backus, Maupin & Armstrong, Las Vegas, for amicus curiae.

OPINION

PER CURIAM:

On June 2, 1975, Smith's Food King No. 1 (Smith's) entered into a thirty year lease of shopping center property owned by Sanford and Rita Hornwoods' (Hornwoods) predecessor in interest.1 Smith's leased approximately 28,000 square feet of space at 27 cents per square foot. The lease called for approximately $92,398 minimum annual rent and approximately 2.7 million...

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