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I' a,,4"`-QUIRFD MAR 0 9 2021 ir0CE1:= Ju;. ,, CDR A I R C R So" STANDARD INDUSTRIAL/COMMERCIAL SINGLE -TENANT LEASE - NET (DO NOT USE THIS FORM FOR MULTI -TENANT BUILDINGS) A-2021-028 i. Basleprovlslans("Bade PMA,lons"). LS Parties. This Lease( -Lease"), dated forreference purposes only March 1, 2021 ,Is made by and between DYER 18, LLC 1•Lessor land THE CITYOFSANTAANA ('Lassee•),(collectivaly the "Parties," orindividual"'party). 31 Premises: That certain real property, Including all Improvements therein or to be provided by Lessor under the terms of this Lease, commonly known as (street address, city, state, sip): 1815 EAST CARNEGIE AVENUE, SANTA ANA, CA 92705 j"Premises'1. The Premises are located In the County of ORANGE , and are generallydesull ed as(desalbe briefly the nature of theproperty and, If applicable, the "Project," If the property Is located within a Pro)ecl): AN APPROXIMATE 29,503 SQUARE FOOT FREESTANDING INDUSTRIAL BUILDING . (See also Paragraph 2) 1.3 Term: 1S yeanand 0 months("OriBlnal Term'l commencing March .2021 ('Commencement Date") and ending lanuary3l. 2036 ("EMPlratlon Dare'). (See also Paragraph 3) 1.4 Eady Possession: if the premises are avallabie Lessee may hex non-exclusive possession of the premises commencing N/A I"Early possession Data'). (See also Paragraphs 3.2 and 3.3) LS Bara Rant $61,666.00 per month ("Base Rent"), payable on the 15T day of each month commencing SEEADDENDUM .JSeealm Paragraphs) ❑Ifthls box is checked, then are prMslons In this Lease for the Base Rant to be adjusted. See Paragraph SEEADDENDUM. 1.6 ease Rent end Other Monies Paid Upon execution: (a) Bese Rent $61,666.00 for the period 1ST MONTH RENT . (b) SecurityDeposit $200,000.00 ("Security Deposit').(See also Paragaph 5) (c) Association Fees: _ for the period (d) Other: _ for (a) TOW] Due Upon Executlun of this Lease: $261,666 . 1.7 Agreed Use: EMERGENCY HOMELESS SHELTER AND ANCILLARY USES .(See also Paragraph 61 1.8 insuring Party. Lessor is the-nwdng Party" unless otherwise slated herein. (Sea also Paragraph 8) L9- Reel Estate Broken. (See also Paragraph 15 and 25) (a) Representation: Each Party acknowledges receiving a Disclosure Regarding Real Estate Agency Relationship, conflrms and consents to thefollowing agency relatfomhlps In this Lease with the following real estate brokers ('Broker(')') and/or their agents (•AIq`elnt(s)'): Lessor's Brokerage Firm N/A Ucenw No. _ Isthe brokerof(check onel: ❑ the Lessor, or u both the Lessee and Lessor (dual agent). Lessor's Agent N/A Lkense No._lb(checkonel:❑the Lessor's Agent (salesperson car broker associate); or❑ both the Lessee's Agent and the Lessor's Agent (dual agent). Lessee's Brokerage Firm N/A License No. —is the broker of Icheck one): ❑ the Lessee; or ❑ both the Lessee and Lessor (dual agent). Lesme'sngem N/A UicenseNo. _Is lcheckonel:❑the Lessee's Agent (salesperson or broker asso[late); car❑ both the Lessees Agent and the Lessor's Agent (dual agent). (b) Payment to Broken. Upon execution and delivery of this Lease by both Parties, Lessor shall pay to the Broken the brokerage fee agreed to Ina separate written agreement (or If there Is no such agreement, the sum of_ or _ % of the total Base Rent) for the brokerage services rendered by the Brokers. 1.10 Guarantor. N/A ("Guarantor"). (See also Paragraph 37) 1.12 Attachments. Attached hereto are the following, all of which constitute a part Of this Lease: Q an Addendum consisting of Paragraphs 51 through 70 ❑ a plot plan depleting Out Premises; ❑ a current set of the Rules and Regulations; ❑ a Work Letter; ❑ olher(specify): 2. Premises. 21 Letting. Lessor hembyleases to Lessee, and Lessee hereby leases from Lessor, the Premises, for the term, at the rental, and upon all of the terms, covenants and conditions set forth In this Lease. White the approximate square footage of the Premises may have been used In the marketing of the Premises for purposes of comparison, the Base Rent stated herein Is NOT tied to square footage end Is not subject to adjustment should the actual size be determined to be different. NOTE: Lessee is advised M verify the actual size prior to executing this Lease. 2.2 foeauwhOak. -, fl-.sea:a:=^.htl#arW4:ng •h.».i...k . a._ . K_ 'i —r ti INITIAlS INITIALS Q 2019 AIR CRE. All Rights Reserved. Last Edited: 2/25120219:53 AM STN-27.30, Revised 11-254019 Page 1 of 16