434 W Cedar St #4

Lease terms

LEASE TERMS & QUALIFICATION REQUIREMENTS Preferred Lease Term A two- to three-year lease term is preferred. The owner is seeking a qualified tenant who will appreciate the unique character of the space and establish a long-term presence in the Beaumont Building. Permitted Use The 4th-floor loft is offered as a flexible live/work space and is suitable for residential occupancy, creative office use, professional workspace, studio use, or a combination of living and working, subject to owner approval, building requirements, applicable zoning, and the terms of the lease. Tenant Qualification All prospective tenants must submit a completed application and supporting documentation. Qualification is based on a review of the applicant's overall financial strength and ability to meet the lease obligations. Applicants should be prepared to provide: Completed application for all proposed occupants and/or business principals Government-issued identification Verifiable gross income or financial resources, preferably equal to approximately 2.5 to 3 times the monthly rent Recent pay stubs, bank statements, tax returns, profit-and-loss statements, or other applicable proof of income and financial capacity Employment or business verification, as applicable Credit screening and review of overall credit history Rental and/or landlord references Professional or business references, when applicable Information regarding the proposed use of the space and anticipated occupants Business entity documentation and authorized signer information, if the lease will be held by a company or other entity Additional financial documentation or guarantor information, if reasonably requested based on the applicant's financial profile All applications will be evaluated using consistent qualification criteria and are subject to owner approval. Lease Details Preferred lease term: 24 36 months Longer-term tenancy preferred Water, sewer, and trash included Parking available, ask for more detail Tenant responsible for separately metered or individually billed utilities and services including but not limited to: electricity, Wi-Fi, cable and parking Security deposit and initial funds due prior to possession Proof of renter's and/or business liability insurance may be required before occupancy Proposed business, office, studio, or other nonresidential use must be disclosed and approved in advance No short-term rental or Airbnb use permitted Move-in date and final lease terms subject to mutual agreement Additional lease terms, qualification requirements, insurance requirements, permitted-use provisions, and financial documentation may apply depending on whether the space will be occupied for residential, business, or combined live/work use. Pets allowed, maximum 2 pets and monthly pet rent applies.