RESTAURANT LEASE AGREEMENT - 范本
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RESTAURANT LEASE AGREEMENT
Between
DULCET L.L.C., an Iowa limited liability company, ELAINE C. WONG&
EUGENE B. WEISMAN, as Landlord
and
WADSWORTH OLD CHICAGO, INC., as Tenant
THIS RESTAURANT LEASE AGREEMENT (the "Lease), made and entered into this 25th day of June, 1996, by and between Dulcet L.L.C., an Iowa limited liability company, Elaine C. Wong and Eugene B. Weisman, (hereinafter collectively referred to as "Landlord"), and, Wads worth Old Chicago, Inc.., a Colorado corporation, ("Tenant"), upon the following terms and conditions:
ARTICLE I
FUNDAMENTAL LEASE PROVISIONS
The following is intended as a summary of the fundamental terms of the Lease. In the event of any conflict between this summary and the actual terms of the Lease, the terms of the Lease shall control:
|
1.1 |
RESTAURANT'S NAME: |
|
Wads worth Old Chicago, Inc., d/b/a/ Old Chicago |
|
1.2 |
LEASED PREMISES: |
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-Address Lot 2, Signature Inns Addition to the City of Bettendorf, Iowa, a/k/a 3030 Utica Ridge Road Bettendorf, Iowa |
|
1.3 |
TENANT'S NAME AS IT APPEARS ON LEASE, ADDRESS AND PHONE: |
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Wads worth Old Chicago, Inc., a Colorado corporation 1050 Walnut St.- Suite 402 Boulder, CO 80302 Phone: (303) 417-4000 Fax: (303) 417-4199 |
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1.4 |
LANDLORD'S NAME ADDRESS, PHONE& FAX |
|
Dulcet, L.L.C ATTN: David E. Carpenter P. O. Box 216, West Liberty, Iowa 52776 Phone: (319) 627-4101 Fax: (319) 627-4403
Elaine C. Wong 1240 Hyde Park Boulevard Chicago, IL 60615 Phone: (312) 464-9002 Fax: (312) 464-9004 (c/o Arthur Wong)
Eugene B. Weisman 3150 North Lake shore Drive- Room 34C Chicago, IL 60657 Phone: (312) 975-1456 Fax: (312) 464-9004 (c/o Arthur Wong)
|
|
1.5 |
AGENT/MANAGER (Name, address, phone and Fax) |
|
Dulcet, L.L.C ATTN: David E. Carpenter P. O. Box 216, West Liberty, Iowa 52776 Phone: (319) 627-4101 Fax: (319) 627-4403 |
|
1.6 |
SQUARE FOOTAGE LEASED: |
|
Five thousand four hundred and sixty-eight (5,468) SF, as expanded. |
|
1.7 |
DATE LEASE SIGNED: |
|
June 25, 1996 |
|
1.8 |
DATE LEASE COMMENCES: |
|
The date Landlord takes possession of the Premises. |
|
1.9 |
DATE RENT COMMENCES: |
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Tenant's obligation to pay rent shall commence upon the day Landlord closes on the purchase of the Property. |
|
1.10 |
INITIAL LEASE TERM: |
|
The fractional period for the first month of possession plus One hundred eighty (180) MONTHS |
|
1.11 |
INITIAL TERM ENDS: |
|
July 1, 2011 |
|
1.12 |
BASE RENT: |
|
Years 1-5 $ 75,000/yr. $6,250.00/mo Years 6-10 $ 84,938/yr $7,078.17/mo Years 10-15 $ 96,192/yr $ 8,016.00/mo |
|
1.13 |
GROSS OR NNN LEASE: |
|
NNN lease |
|
1.14 |
RENT INCREASE FORMULA: |
|
As described in Section 1.12, above. |
|
1.15 |
(Intentionally Omitted) |
|
|
|
1.16 |
UTILITIES: |
|
Paid by Landlord: None: ———————————— Paid by Tenant: All |
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1.17 |
REPAIR& MAINTENANCE RESPONSIBILITIES: |
|
All maintenance and repairs to be paid by Tenant. |
|
1.18 |
INSURANCE COVERAGE REQUIRED: |
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$ 2,000,000 Liability$ As required by state law. $ Full replacement value for casualty/natural disaster. |
|
1.19 |
RENEWAL OPTIONS: |
|
Four (4) TERMS OF Sixty (60) MONTHS EACH. 1st 5-year option: $108,937/yr 2nd 5-year option: $123,371/yr 3rd 5-year option: $139,718/yr 4th 5-year option: $158,231/yr |
|
1.20 |
CONSENT REQUIRED FOR: |
|
-Assignment/Sublet: Yes-Physical Changes to Structure: Yes |
ARTICLE II
GRANT, TERM AND OPTIONS TO EXTEND
详细内容见附件
附件：
1.
nt - Dulcet LLC, Elaine C. Wong, Eugene B. Weisman and Wadsworth Old Chicago Inc. (Jun 25, 1996).docx
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发布于 2021-11-04 09:27:21
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