ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT FOR IMPROVED PROPERTY (24 HOUR FITNESS, 6500 OLD DENTON ROAD, FORT WORTH, TX)Assignment and Assumption of Purchase Agreement • June 17th, 2019 • BRIX REIT, Inc. • Real estate investment trusts
THIS ASSIGNMENT AND ASSUMPTION OF PURCHASE AGREEMENT (this “Assignment”) is made as of May 13, 2019 (the “Effective Date”), by and between RICH UNCLES NNN OPERATING PARTNERSHIP, LP, a Delaware limited partnership (“Assignor”) and BRIX REIT, INC., a Maryland corporation (“Assignee”) based on the following facts, intentions and understandings:
24 HOUR FITNESS LEASE BETWEEN 24 HOUR FITNESS USA, INC. As Tenant and FORT WORTH FITNESS, L.P. As Landlord LOCATION: FORT WORTH, TEXAS DATEDFitness Lease • June 17th, 2019 • BRIX REIT, Inc. • Real estate investment trusts
THIS 24 HOUR FITNESS LEASE (the "Lease") dated _________,2006, is entered into by and between FORT WORTH FITNESS, L.P., a Nebraska limited partnership ("Landlord"), and 24 HOUR FITNESS USA, INC., a California corporation ("Tenant").
PURCHASE AGREEMENTPurchase Agreement • June 17th, 2019 • BRIX REIT, Inc. • Real estate investment trusts • Texas
THIS PURCHASE AGREEMENT (this “Agreement”), is made and entered into as of the date of the last signature shown on the signature page hereof (the “Effective Date”), by and between Rich Uncles NNN Operating Partnership, LP, a Delaware limited partnership (“Purchaser”) and Agree Fort Worth TX LLC, a Delaware limited liability company (“Seller”).
