Oak Street Health (S&P: BBB) 3525 S Saginaw St

Tenant: Tenant agrees to pay to Landlord all costs and expenses of every kind and nature paid or incurred by Landlord for Landlord’s Maintenance Obligations, all real estate taxes applicable to the Premises, Landlord Insurance obligations, and an amount equal to 10% of the total of all of the foregoing costs and expenses to cover Landlord’s administrative costs (currently paying $6,432/year). If Landlord expenses include capital improvements by Landlord in connection with the Building and/or Premises, including without limitation, the roof and parking lot, then the cost of such capital improvements must be amortized on a straight line basis over the full term of the Lease.
Landlord: Landlord shall maintain, repair, and replace the roof and the parking lot, including any snow plowing in connection therewith and the structural portions of the Premises. Tenant shall maintain, repair and replace (including replacement of parts, equipment and cracked or broken glass) the Premises and all appurtenances thereto, including exterior and interior of all doors, door frames, door checks, windows, window frames, plate glass, storefront, all plumbing and sewage facilities exclusively serving the Premises, HVAC and electrical systems, sprinklers, sprinkler heads, landscaping and all structural and non-structural portions of walls, floors and ceilings. Tenant shall maintain a service contract for the HVAC.
Security Deposit of $38,150.00
Taxes: Tenant shall be responsible for and pay before delinquency all taxes assessed against the premises.
Roof Warranty: 15 Year Roof Warranty expires 12/10/2033.
Parking Lot: New parking lot installed December 2018.
Admin Fee: 10%
Property was remodeled from former Goodwill.