Paradox Barbershop — Retail Lease (Executed)
The executed Paradox Barbershop LLC retail lease — the mom-and-pop-credit example in Mike's lease series. Per the June 22 synopsis: term §1, rent §2 (minimum rent, operating expenses, real property taxes, late charges, additional rent), use §3, maintenance §4 (tenant-driven, landlord step-in to bill), default and remedies §11 (including bankruptcy), and guaranty §15 referencing Exhibit H. Tenant reimburses property-level expenses including taxes via §§2.3–2.5. PDF not re-parsed during ingest; grounded in the synopsis email.
Key Facts¶
- Local operator lease; underwriting rests on the business and personal guarantors.
- Non-structural maintenance is tenant's responsibility; landlord may perform and bill.
- Guaranty in §15 + Exhibit H / separate guaranty document.
See also: Paradox Lease Synopsis · Paradox Barbershop