AMERICAN INDUSTRIAL REAL ESTATE ASSOCIATION
STANDARD INDUSTRIAL/COMMERCIAL SINGLE-TENANT LEASENET
(DO NOT USE THIS FORM FOR MULTI-TENANT BUILDINGS)

1.     Basic Provisions ("Basic Provisions").

        1.1    Parties:    This Lease ("Lease"), dated for reference purposes only, December 15, 2000, is made by and between The J. David Gladstone Institutes a Charitable Trust ("Lessor") and Guitar Center, Inc., a Delaware corporation ("Lessee"), (collectively the "Parties," or individually a "Party").

        1.2    Premises:    That certain real property, including all Improvements therein or to be provided by Lessor under the terms of this Lease, and commonly known as 5795 Lindero Canyon Road, Westlake Village located in the County of Los Angeles, State of California, and generally described as (describe briefly the nature of the property and, if applicable, the "Project", if the property is located within a Project) an office building containing approximately 69,060 square feet ("Premises"). (See also Paragraph 2)

        1.3    Term:    eight (8) years and 0 months ("Original Term") commencing April 15, 2001 ("Commencement Date") and ending April 14, 2009 ("Expiration Date"). (See also Paragraph 3)

        1.4    Early Possession:    February 1, 2001 ("Early Possession Date"). (See also Paragraphs 3.2 and 3.3)

        1.5    Base Rent:    $71,000 per month ("Base Rent"), payable on the fifteenth (15th) day of each month commencing April 2001. (See also Paragraph 4)

If this box is checked, there are provisions in this Lease for the Base Rent to be adjusted.

        1.6    Base Rent Paid Upon Execution:    $71,000 as Base Rent for the period first month's rent

        1.7    Security Deposit:    $71,000 ("Security Deposit"). (See also Paragraph 5)

        1.8    Agreed Use:    general corporate offices (See also Paragraph 6)

        1.9    Insuring Party:    Lessor is the "Insuring Party" unless otherwise stated herein. (See also Paragraph 8) See Addendum.

        1.10    Real Estate Brokers:    (See also Paragraph 15)

        (a)    Representation:    The following real estate brokers (collectively, the "Brokers") and brokerage relationships exist in this transaction (check applicable boxes):


 

End of Preview

 

Home        Intelligence        Services        Subscriptions        News        About Us

Contact Us       Terms of Use       Resend Documents       Shopping Cart

Copyright © 2008 The Consus Group LLC