<format type="json">{agreement_id: string, document_date: date, lease_parties: list[{party_type: string, entity_name: string, entity_address: string optional, contact_person: string optional}], property_details: {property_address: string, unit_identifier: string optional, square_footage: number, property_type: string}, lease_term: {start_date: date, end_date: date optional, term_duration_months: number, renewal_options: list[{option_number: number, renewal_period_months: number, notice_period_days: number, rent_escalation_method: string}]}, financial_terms: {base_rent_initial: number, rent_frequency: string, security_deposit_amount: number optional, escalation_schedule: list[{escalation_type: string, effective_date: date, increase_value: number, increase_unit: string}], additional_rent_components: list[{component_name: string, payment_structure: string, estimated_annual_cost: number optional}]}, maintenance_obligations: {lessor_responsibilities: list[string], lessee_responsibilities: list[string]}, use_restrictions: list[string], legal_provisions: {force_majeure_clause_present: boolean, sublease_assignment_terms: string, dispute_resolution_method: string optional}}</format> <data>**INTERNAL MEMORANDUM - LEASE ABSTRACT**

**TO:** Portfolio Management Team
**FROM:** Legal & Compliance Dept.
**DATE:** 2025-08-13
**RE: Summary of Executed Lease Agreement: LEASE-TV-2022-182

This serves as a summary of the commercial lease executed on 2022-09-03 between the Lessor, Duke Group, and Lessee, Rodgers-Chambers. The subject of this agreement is the Medical Office property at 933 Grant Stream Apt. 004, Suite 1371, New Julie, Ohio 43025, comprising approximately 18,698 square feet. All relevant documentation has been filed under our standard procedures, and the original document is stored in the main vault.

The lease term is set for 36 months, commencing on 2023-02-08 and concluding on 2026-02-07. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $43,098.76, payable on a annually basis. A security deposit of $86,197.52 has been secured. The lease includes a structured rent escalation schedule, with the first increase of 2.63 $/sf taking effect on 2024-02-08. Additional rents include Operating Expenses (CAM) (Pass-through), Operating Expenses (CAM) (Fixed annual contribution).

Regarding property maintenance, the Lessor is responsible for: Common area maintenance (CAM); Structural repairs to building exterior and roof. The Lessee's duties include: Pest control within the unit; Janitorial services within leased premises; Interior non-structural maintenance; All utility payments for the premises. Use of the premises is specifically limited. Key restrictions include: Business operations restricted to 8:00 AM to 10:00 PM. No hazardous materials permitted on the premises without prior written consent.

From a legal perspective, the terms regarding subleasing or assignment are as follows: Permitted only to an affiliate entity with 30 days prior notice. A force majeure clause is present in the agreement.  Please review this abstract against your portfolio records and advise of any discrepancies.</data>
{
  "agreement_id": "LEASE-TV-2022-182",
  "document_date": "2022-09-03",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Duke Group",
      "entity_address": "877 Hernandez Mission Suite 375\nNew Hailey, LA 70687"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Rodgers-Chambers",
      "entity_address": "4504 Jody Hollow Suite 055\nNorth Darryl, DC 83072"
    }
  ],
  "property_details": {
    "property_address": "933 Grant Stream Apt. 004, Suite 1371, New Julie, Ohio 43025",
    "square_footage": 18698,
    "property_type": "Medical Office",
    "unit_identifier": "Suite 1371"
  },
  "lease_term": {
    "start_date": "2023-02-08",
    "term_duration_months": 36,
    "renewal_options": [],
    "end_date": "2026-02-07"
  },
  "financial_terms": {
    "base_rent_initial": 43098.76,
    "rent_frequency": "annually",
    "escalation_schedule": [
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2024-02-08",
        "increase_value": 2.63,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2025-02-07",
        "increase_value": 5.43,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2026-02-07",
        "increase_value": 6.01,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Pass-through",
        "estimated_annual_cost": 1891.49
      },
      {
        "component_name": "Operating Expenses (CAM)",
        "payment_structure": "Fixed annual contribution",
        "estimated_annual_cost": 5169.33
      }
    ],
    "security_deposit_amount": 86197.52
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Common area maintenance (CAM)",
      "Structural repairs to building exterior and roof"
    ],
    "lessee_responsibilities": [
      "Pest control within the unit",
      "Janitorial services within leased premises",
      "Interior non-structural maintenance",
      "All utility payments for the premises"
    ]
  },
  "use_restrictions": [
    "Business operations restricted to 8:00 AM to 10:00 PM.",
    "No hazardous materials permitted on the premises without prior written consent."
  ],
  "legal_provisions": {
    "force_majeure_clause_present": true,
    "sublease_assignment_terms": "Permitted only to an affiliate entity with 30 days prior notice."
  }
}