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McDonalds Lease - Lofty Holding 621 E Le Claire Road LLC.pdf

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Description

Eldridge, Iowa UC: 014-0307 SMALL TOWN RETAIL LEASE (Multiple Tenant) THIS SMALL TOWN RETAIL LEASE ("Lease") dated Ynac<h ..2..!(., 2010 is between STW ELDRIDGE, LLC, an Iowa limited liability company ("Landlord") and McDONALD'S USA, LLC, a Delaware limited liability company ("Tenant"). PRELIMINARY STATEMENTS A. Landlord (subject to Section 9(H)) is the owner of the real property described on Exhibit A attached (the "Land") on which a multi-tenant building (the "Building") is or will be located.

Extracted Content

Eldridge, Iowa UC: 014-0307 SMALL TOWN RETAIL LEASE (Multiple Tenant) THIS SMALL TOWN RETAIL LEASE ("Lease") dated Ynac<h ..2..!(., 2010 is between STW ELDRIDGE, LLC, an Iowa limited liability company ("Landlord") and McDONALD'S USA, LLC, a Delaware limited liability company ("Tenant"). PRELIMINARY STATEMENTS A. Landlord (subject to Section 9(H)) is the owner of the real property described on Exhibit A attached (the "Land") on which a multi-tenant building (the "Building") is or will be located. The Land and the Building are depicted on the site plan attached hereto as Exhibit B. B. Tenant wishes to lease a portion of the Building (the "Leased Space") for its use and to have certain easements and rights on the remainder of the Land in conjunction with its use of the Leased Space. C. Landlord is willing to lease the Leased Space to Tenant and to grant Tenant the easements and rights described in this Lease. TERMS OF THE AGREEMENT In consideration of the mutual covenants contained in this Lease and for other good and valuable consideration, the receipt and sufficiency of which are acknowiedged, Landlord and Tenant agree and covenant as follows: 1. Premises: Landlord leases to Tenant,