Lee Shan Properties, Inc. Tiki Bar, Lounge, Entertainment & Restaurant Leasing Information 17200 So. Tamiami Trail, Fort Myers, Fla. Updated as of 02. November 2018 Tiki Bar, Entertainment & Restaurant Aerial View Located at the signalized intersection of US41 & SR 739 (“Michael G. Rippe Parkway”). Roughly 45,000 vehicles cross this intersection each day Tiki Bar, Entertainment & Restaurant Area Location Physical address: 17200 South Tamiami Trail Fort Myers, Fla. 33908 Located at signalized intersection of U.S 41 and SR 739 (“Michael G. Rippe Parkway) Time travel to: The Restaurant Depot.03mins I-75 interchange………07mins Hertz Corp HQ………...09mins Gulf Coast Town Ctr….12mins. Coconut Pt. Mall………13mins. SW Fla Int’l Airport…...16mins. Fla. Gulf Coast Univ….17mins. Tiki Bar, Entertainment & Restaurant Major Stores are Within 4-Mile Proximity to Restaurant Restaurant is 4 miles or 7 minutes from I-75; 15 mins from int’l airport; and 3 mins from the Restaurant Depot Tiki Bar, Entertainment & Restaurant < Outdoor Tiki Bar Main Dining, Entertainment, & Private Banquet Room Tiki Bar, Entertainment & Restaurant < Grill, Fry & Preparation Stations Refrigeration & Dishwashing < Walk-in Cooler & Freezer Tiki Bar, Entertainment & Restaurant Floor Plan 5 6 7 8 4 1 Legend: Private 2 Kitchen 1- Walk-in Freezer Banquet 2- Walk-in Cooler Room 3 9 3- Liquor Dry Storage 4- CO2 Utility Room 5- Water Heater Room 6- Soda Dispensing Room 7- Walk-in Cooler 10 11 8- Oil Room 9- Employee Washroom Main Dining & 10-Storage Room Dance Floor 12 11-Office Women 12-Audio/Visual Closet Stage Platform Men Bar Tiki Bar & Outdoor Seating Tiki Bar, Entertainment & Restaurant Kitchen Equipment Layout Plan Tiki Bar, Entertainment & Restaurant Square Footage Details Area Square Feet Total (Structure + Tiki + Utility Rooms) 8,550.9 - Main Dining (incl. sound stage) 2,046.0 (excluding sound stage, sq. ft. of main dining=1,881.9) - Tiki (Bar + Patio) 2,915.8 - Private Banquet (“Blue Room”) 553.0 - Kitchen 793.0 - Food Walk-in Cooler & Freezer (interior) 140.5 - Dry Storage Room 100.6 - Office 163.8 - Audio Sound Stage Closet 19.9 - Exterior Utility Rooms (walk-in cooler*, water heater, soda syrup dispensing, CO2) 385.1 *Sq. ft. of exterior walk-in cooler is 191.2 Tiki Bar, Entertainment & Restaurant Seating Capacity Calculation* and Parking Space Count Seating Area Customer - Main Dining (exclude sound stage platform) 125.5 - Private Banquet (“Blue Room”) 35.5 - Bar Section under Tiki Hut 38.0 - Outdoor Dining (East Section) 132.3 - Outdoor Dining (South Section) 33.6 Total: 364.9 * Calculation based on assumption of 15 sq. ft. per customer for full service dining Parking Space Type Count - Non-Handicap 17’ ½” L X 9’ W (with curb stop) 87.0 - Non-Handicap 17’ ½” L X 9’ W (without curb stop) 4.0 - Handicap 4.0 Total: 95.0 Tiki Bar, Entertainment & Restaurant Kitchen Equipment Inventory Hot (quantity) Cold (quantity) Deep Fryer (4) Undercounter Refrigeration (3) 6-burner Range & Conv. Oven (1) Glass Door Reach-in Refrigerator (1) Flat Surface Griddle (1) 4-drawer Refrigerator Chef Base (1) Wall-Mount Salamander (1) Refrig. Salad & Sandwich Prep Table (3) 9-burner Charboiler (1) 2-door Refrig. Pizza Prep Table (1) Gas Convection Oven (2) 3 section Bar Cooler (1) Microwave (2) 2-door Worktop Freezer (1) 3-tray Food Warmer (1) 3-door 72.0cu.ft. Reach-in Refrigerator (1) Countertop Food Warmer (1) Walk-in Deep Freezer (1) Hot Food Holding Cabinet (1) Walk-in Food Cooler (1) Food Warmer/Heater (4) 48.0cu.ft. 2-Sliding Glass Door Refrig. (1) Walk-in Beer Cooler (1) Complete inventory list is available upon request. Tiki Bar, Entertainment & Restaurant Tiki Bar Equipment Inventory Equipment Description (capacity storage) Single 3-tap Draft Beer Dispenser (1 keg) 1 3-tap and 1 2-tap Draft Beer Dispenser (3 keg) Dual 3-tap Draft Beer Dispenser (4 keg) 50’ Horizontal Bottle Refrigeration Cooler (16.5 cases 12oz. bottle size) 65’ Horizontal Forced Air Bottle Refrigeration Cooler (22 cases 12oz. bottle size) 19 Gallon Compact Water Heater Complete inventory list is available upon request. Tiki Bar, Entertainment & Restaurant HVAC and Fan Equipment Inventory 27 total ton of cooling capacity Description (brand) 10-Ton Single Package Roof Top (York – Predator) 6-Ton Single Package Roof Top (ComfortMaker) 4.0 Ton Split System (ComfortMaker) 3.5 Ton Split System (Adv. Distributed Prod. – air hand. & RUUD - condenser) 2.5 Ton Split System (Lennox – air hand. & York – condenser) 1HP Roof Mounted Fan Supply (Soler & Palau) (quantity = 3) Tiki Bar, Entertainment & Restaurant Major Structural, Fixture, or Repair Improvements Description Approx. Date Install Gazebo (“Chickee Hut”) 18 Oct 2007 Pool, water fountain, pump system 11 Mar 2008 Urethane roof coating 13 Mar 2008 3-phase 600amp circuit panel 07 Feb 2011 10-Ton York Predator Roof Top Cooling 16 Sep 2015 Complete re-thatching of Chickee Hut 22 Jun 2016 Roof replacement (exterior walk-in beer cooler) 13 Sep 2016 Parking surface re-seal and re-stripe 16 Sep 2016 Kitchen Equipment* 10 Jul 2018 repair cost totaled close to $9,000.00 * Detail description of service work performed on equipment is available upon request Tiki Bar, Entertainment & Restaurant Lessee’s Major Responsibility of Maintenance, Repair, and Replacement Description Cooking, refrigeration, and washing equipment Kitchen wares i.e. food pans, storage bins, skillets, mixer, blender Utility equipment i.e. water heater, ladders, carts Heating, ventilation, and air conditioning equipment; exhaust and make-up fans Structural i.e. roof, exterior and interior walls, windows, doors, garage doors, tiki (thatch and pilings), railings, fences, pavers, floors, gutters Fixtures i.e. compartmental sinks, shelves, tables, chairs, awnings, mirrors, dispensers, Electrical fixtures i.e. lightings, ceiling fans, switches, outlets, timers, wires, breakers, disconnects, thermostats, audio system, outdoor signage, contactors, surge protectors Plumbing fixtures i.e. grease trap, sinks, toilets, drains Parking surface, driveways, curb stops, stripes, storm pipes and basin Pool, water fountain, pumps, chlorinator Landscape i.e. plants, grass, trees, irrigation pipes and heads, timer Other: fire extinguishers, security system, emergency exit signs and lights Tiki Bar, Entertainment & Restaurant Licensing, Insurance, and Permitting Requirements of Lessee Description Property zoned as 4COPSRX restaurant alcoholic beverage license (51% of revenue must be derived from food and non-alcoholic beverages) USE Permit (provided that there is no intention to alter or add to the existing structure of the demised premises) Food Establishment Permit Business and Property Liability Insurance Liquor Liability Insurance Business License Sales Tax Registration Tiki Bar, Entertainment & Restaurant Leasing Terms and Conditions Term Requirements Minimum Lease Term (in years) 10 Renew Option 2 5-year term Flexible Rent Abatement and Leasing Incentive Escalation Amount Period No. All improvements, additions, Leasehold Improvement Assistance and alterations are the responsibility of Lessee Rent* Base + modified NNN Escalation Rate Rent increases every 5 years Personal Guaranty Required to secure lease agreement but is releasable after 6 years contingent upon tenant’s Security Deposit satisfactory performance of the lease covenants * Note: Contact property management office for complete rental rate details Tiki Bar, Entertainment & Restaurant Contact Information Tommy Lee Lee Shan Properties, Inc. 17240 South Tamiami Trail Suite 03 Fort Myers, Florida 33908 239.245.8477 (o) or 239.900.7773 (m) E-mail: [email protected] Website: Https://www.Bambooshan.com .