<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-RISE-2024-721

This serves as a summary of the commercial lease executed on 2024-01-26 between the Lessor, Hicks, Garcia and Henderson, and Lessee, Mueller PLC. The subject of this agreement is the Medical Office property at 9770 Robbins Mill, Suite 454, South Shawnhaven, Nevada 56486, comprising approximately 5,034 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 120 months, commencing on 2024-05-30 and concluding on 2034-05-30. No renewal options were specified in the agreement.

Financial obligations begin with an initial base rent of $30,174.27, payable on a quarterly basis. The lease includes a structured rent escalation schedule, with the first increase of 5.6 $/sf taking effect on 2025-05-30. Additional rents include Real Estate Taxes (Pass-through), Management Fee (Pro-rata share (3%)).

Regarding property maintenance, the Lessor is responsible for: Landscaping and snow removal; Common area maintenance (CAM); Parking lot maintenance. The Lessee's duties include: Janitorial services within leased premises; All utility payments for the premises; Minor repairs to plumbing and electrical. 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: Strictly prohibited under all circumstances. 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-RISE-2024-721",
  "document_date": "2024-01-26",
  "lease_parties": [
    {
      "party_type": "Lessor",
      "entity_name": "Hicks, Garcia and Henderson",
      "entity_address": "40652 Susan Pike\nSouth Laura, NE 38328",
      "contact_person": "Jeremy Moore"
    },
    {
      "party_type": "Lessee",
      "entity_name": "Mueller PLC",
      "entity_address": "0056 Charles Via Suite 568\nFrederickchester, OH 51566"
    }
  ],
  "property_details": {
    "property_address": "9770 Robbins Mill, Suite 454, South Shawnhaven, Nevada 56486",
    "square_footage": 5034,
    "property_type": "Medical Office",
    "unit_identifier": "Suite 454"
  },
  "lease_term": {
    "start_date": "2024-05-30",
    "term_duration_months": 120,
    "renewal_options": [],
    "end_date": "2034-05-30"
  },
  "financial_terms": {
    "base_rent_initial": 30174.27,
    "rent_frequency": "quarterly",
    "escalation_schedule": [
      {
        "escalation_type": "Annual Fixed",
        "effective_date": "2025-05-30",
        "increase_value": 5.6,
        "increase_unit": "dollar_per_sqft"
      },
      {
        "escalation_type": "Step-Up",
        "effective_date": "2026-05-30",
        "increase_value": 1.96,
        "increase_unit": "percentage"
      },
      {
        "escalation_type": "CPI-U Adjustment",
        "effective_date": "2027-05-30",
        "increase_value": 7.58,
        "increase_unit": "dollar_per_sqft"
      }
    ],
    "additional_rent_components": [
      {
        "component_name": "Real Estate Taxes",
        "payment_structure": "Pass-through"
      },
      {
        "component_name": "Management Fee",
        "payment_structure": "Pro-rata share (3%)"
      }
    ]
  },
  "maintenance_obligations": {
    "lessor_responsibilities": [
      "Landscaping and snow removal",
      "Common area maintenance (CAM)",
      "Parking lot maintenance"
    ],
    "lessee_responsibilities": [
      "Janitorial services within leased premises",
      "All utility payments for the premises",
      "Minor repairs to plumbing and electrical"
    ]
  },
  "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": "Strictly prohibited under all circumstances."
  }
}