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DocuSign Envelope ID:4AEDF5D1-91C4-4E23-9BE2-CB4482E858AI -2 <br /> COMMERCIAL LEASE <br /> Basic Information <br /> Date: May 2, 2023 <br /> Landlord: JLFH Investments, LLC <br /> Landlord's Address: 24 Hunters Hideaway,New Braunfels, TX 78132-4710 <br /> Tenant: CITY OF SAN MARCOS— <br /> Women, Infants & Children (WIC) supplemental nutrition program <br /> Tenant's Address: 630 E Hopkins, San Marcos, TX 78666 <br /> Leased Premises: <br /> Square feet: 2,584 square feet(approximate) <br /> Name of Building: Village Professional Building (a multi-tenant property) <br /> Street address/suite: 705 Landa Street, Suite B New Braunfels, Texas 78130 <br /> Term (months): 120 <br /> Possession Date: June 1, 2023 <br /> Rent Commencement Date: July 1,2023 (June 2023 Base Rent and NNN waived) <br /> Expiration Date: June 31, 2033 <br /> Base Rent (annually): Year 1: $19.00/square foot ($4,091.33 monthly) <br /> Years 2-10: 3%annual base rent increase beginning of every June <br /> Additional Rent: Tenant will pay its proportionate share of all annual Operating <br /> Expenses such as Taxes, Insurance and Common Area Expenses (NNN).NNN expenses are <br /> projected to be $5.88/SF for 2023. <br /> Security Deposit: $6,604.42, equal to the last month of rent and NNN charges <br /> Tenant's Pro Rata Share: Twenty Four point Twenty Four Percent (24.24%) (2,584 square <br /> feet of 10,659 total + share of common space) <br /> Permitted Use: Provide WIC services and support to educate parents/caregivers on <br /> the proper nutrition for babies and young children,together with associated administrative, <br /> business and office support activities. <br />