YU
Active Lease
Lease Summary
NNN
Property
Taco Bell QSR
Unit / Sq Ft
2,400 SF
Lease Start
Aug 2023
Lease End
Aug 2033
Monthly Rent
$4,600
Lease Type
NNN
Escalation Schedule
Year 2
2025
+3.0%
Year 3
2026
+3.0%
Year 4
2027
+3.5%
COI & Compliance
All Clear
General Liability Insurance
$1M per occurrence / $2M aggregate
CURRENT
Exp: Sep 15, 2026
Property Insurance
Replacement cost coverage
CURRENT
Exp: Sep 15, 2026
Workers Compensation
Statutory limits per state
CURRENT
Exp: Sep 15, 2026
HVAC Certification
Annual inspection & maintenance
CERTIFIED
Next: Sep 15, 2026
Fire Safety Inspection
Sprinkler & alarm system certification
PASSED
Next: Annual
Payment History
| Date | Description | Amount | Method | Status |
|---|---|---|---|---|
| Feb 1, 2026 | Monthly Rent | $4,600 | ACH | Paid |
| Jan 1, 2026 | Monthly Rent | $4,600 | ACH | Paid |
| Dec 1, 2025 | Monthly Rent | $4,600 | ACH | Paid |
| Nov 1, 2025 | Monthly Rent | $4,600 | ACH | Paid |
| Oct 1, 2025 | Monthly Rent | $4,600 | Wire | Late |
| Sep 1, 2025 | Monthly Rent | $4,600 | ACH | Paid |
Communications Log
COI Renewal Reminder Sent
Automated 30-day advance notice for certificate of insurance renewal.
Quarterly Check-In Call
Discussed lease terms, tenant satisfaction, and upcoming maintenance.
HVAC Service Cert Received
Q4 2025 HVAC maintenance certificate received and verified.
Internal Note
Tenant mentioned potential interest in expanding to adjacent unit.
Lease Amendment #2 Executed
Co-tenancy clause threshold reduced from 75% to 60%.