LICENSED CANNABIS FACILITY ABSOLUTE NET GROUND LEASE AGREEMENT ZP RE HOLDINGS, LLC (Landlord or Lessor) The Pharm, LLC (Tenant or Lessee) Dated December 20, 2023 (for reference purposes only)Absolute Net Ground Lease Agreement • February 29th, 2024 • Zoned Properties, Inc. • Operators of nonresidential buildings
This LEASE (“Lease” or “Agreement”) dated as of the Effective Date, is made by and between ZP RE HOLDINGS, LLC, an Arizona limited liability company (“Landlord” or “Lessor”), and The Pharm, LLC (“Tenant” or “Lessee”) (collectively the “Parties”).
GUARANTY OF PAYMENT AND PERFORMANCEGuaranty of Payment and Performance • February 29th, 2024 • Zoned Properties, Inc. • Operators of nonresidential buildings
THIS GUARANTY (this “Guaranty”) is made this 27th day of February, 2024 by THE PHARM, LLC, a Delaware limited liability company (herein called “Guarantor”) in favor of ZP RE HOLDINGS, LLC, an Arizona limited liability company (herein called “Landlord”).
