A platform-generated, professional-grade abstraction of the current file.
| Landlord | Tenant | d/b/a |
|---|---|---|
| The Shopping Center Group LP | Tom Stewart | EV Haven |
| Label | Address |
|---|---|
| Rent Payment Address | The Shopping Center Group LP, P.O. Box 1234, Wichita, KS 66801 |
| Notice Address for Landlord | The Shopping Center Group LP, c/o The Shopping Center, P.O. Box 1234, Wichita, KS, 66801 |
| Notice Address for Tenant | Tom Stewart, 987 Winter St., Wichita, KS, 66801 |
| Label | Date |
|---|---|
| Effective Date | date this Lease is fully executed |
| Commencement Date | date on which possession of the Premises is delivered by Landlord to Tenant |
| Fixed Minimum Rent Commencement Date | December 1st, 2022 |
| Additional Rent Commencement Date | Fixed Minimum Rent Commencement Date |
| Expiration Date | last day of the 36th full calendar month after the Fixed Minimum Rent Commencement Date |
| Period | Monthly | Annual |
|---|---|---|
| 12/1/2022 - 12/31/2022 | $1,083.33 | $13,000.00 |
| 01/1/2023 - 12/31/2023 | $1,218.75 | $14,625.00 |
| 01/1/2024 - 12/31/2024 | $1,354.17 | $16,250.00 |
| 01/1/2025 - 11/30/2025 | $1,489.58 | $17,875.00 |
| CAM | Real Estate Taxes | Insurance |
|---|---|---|
| $526.29 Per Month | $232.54 Per Month | $53.66 Per Month |
| Detail | Value |
|---|---|
| Unit Number | 30 |
| Property Address | 123 Summer Road, Wichita, KS 66801 |
| Security Deposit | $2031.25 (USD) |
| Property Square Footage | 1625 sq ft |
Late fee of 5% of the amount due each month until paid in full for any Rent not paid on or before the fifth (5th) day after the due date. (Reference: Page 2)
Tenant is responsible for the maintenance, repair, and replacement of the heating, ventilation, and air-conditioning (HVAC) systems. Tenant shall enter into and maintain a contract with a certified third-party HVAC service contractor for periodic (at least quarterly) service, maintenance, and repair of the HVAC system. (Reference: Page 4)
Tenant shall place no signs, advertisements, lettering, curtains, shades, exterior lighting or similar items, on the glass, windows or doors, nor shall Tenant paint or affix anything to the exterior of the Premises except the façade signage. Façade signage must directly correspond to the Premises and not encroach upon any other tenant's facade. (Reference: Page 2)
If Tenant holds over after the lease expiration, the monthly Fixed Minimum Rent shall be 2 times the monthly average Fixed Minimum Rent that was payable during the last full 12 month period of this Lease. Tenant shall be deemed immediately and automatically in default of this Lease if they fail to vacate the Premises after a 30 day period. (Reference: Page 8)
Tenant's Proportionate Share of the Shopping Center's insurance carried by the Landlord. (Reference: Page 1)
Tenant agrees to pay for all electric, gas, sewer, heat, water, and other utilities and taxes or charges on such utility services which are used in or attributable to the Demised Premises, including but not limited to all meter connection charges and impact fees. (Reference: Page 3)
Landlord may relocate Tenant to another existing location within the Shopping Center upon 60 days' prior written notice. Tenant's Proportionate Share shall be adjusted based on the change in the square footage of the Premises. (Reference: Page 8)
The lease contains exclusive use provisions for Ichiban Asian Bistro, Rent A Center, and Tractor Supply, restricting similar businesses from operating in the shopping center. (Reference: Page 11)
Convenient Store/Lounge, and for no other use. The interpretation of the Permitted Use shall be narrowly and strictly construed. (Reference: Page 1)
Tenant shall be prohibited from operating in violation of the Shopping Center Exclusives and Use Restrictions, as set forth in Exhibit E. (Reference: Page 1)
Tenant shall be open for business and fully operational within the Demised Premises for a minimum of 40 hours each week throughout the Term of this Lease. (Reference: Page 3)
Tenant is responsible for all necessary repairs, replacement, improvements, and decorations, and for performing all maintenance on, in, and to the Premises. Landlord is responsible for keeping the roof and exterior walls of the Premises in proper repair, provided that Tenant has given Landlord prior written notice of the necessity of such repair. (Reference: Page 3, Page 4)
Tenant's Proportionate Share of the Shopping Center's common area maintenance charges (CAM), real estate taxes, and insurance, plus an administrative fee not to exceed 15% of such CAM, real estate taxes, and insurance. (Reference: Page 1-2)
Tenant agrees to open its business in the Demised Premises and continuously and actively operate and conduct its business in the entire Demised Premises, fully stocked and staffed, no later than 90 days after the delivery of the Demised Premises to Tenant, and thereafter during the Term of this Lease. (Reference: Page 3)