For precise rent amounts or additional details, refer to Exhibit A or the full agreement.
Lease Agreement Summary: TSC Innovation, LLC and 220SE6th, LLC Parties: Tenant: TSC Innovation, LLC Landlord: 220SE6th, LLC Premises: Location: 220 SE 6th Ave., Topeka, KS 66603, Suites Ground Floor Size: Approximately 17,174 leasable square feet Permitted Uses: Professional Laboratory and Office Use Lease Term: Base Term: 10 years, from January 1, 2026, to December 31, 2035, extendable to March 1, 2028, if the certificate of occupancy is delayed. Renewal Option: Tenant may renew for an additional 5 years, with rent to be renegotiated. Written notice required 90 days prior to the end of the initial term. Financial Terms: Minimum Rent: Detailed in Exhibit A (not fully provided in the text). Security Deposit: $10,000, with $5,000 applied to the first month's rent and $5,000 held as a security deposit. Additional Rent: Section removed by agreement. Late Payment: 10% service charge for rent unpaid by the 5th of the month; 18% annual interest on overdue rent. Key Provisions: C...