Tavern Opportunity – 010

CONFIDENTIALITY AGREEMENT

The forthcoming Offering Memorandum contains select information pertaining to the business and affairs of the Tavern Opportunity in Las Vegas, NV as exclusively listed by the Vincent Advisory Group of LOGIC Commercial Real Estate, further referenced as Listing ID# 010. This Memorandum was prepared based on information supplied by Owner and Broker. It contains selected information about the Property and the real estate market, but does not contain all the information necessary to evaluate the Opportunity. The financial projections contained herein (or in any other Confidential Information) are for general reference only. The projections are based on assumptions relating to the general economy and local competition, among other factors. Accordingly, actual results may vary materially from such projections. Various documents have been summarized herein to facilitate your review; these summaries are not intended to be a comprehensive statement of the terms or legal analysis of such documents.

  The information contained in this Offering Memorandum is confidential and furnished solely for the purpose of a review by a prospective lessee of the Property. It is not to be used for any other purpose or made available to any other person without the written consent of Owner or Logic Commercial Real Estate (LCRE). The material is based in part upon information supplied by the Owner and in part upon financial information obtained from sources it deems reliable. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness or this Offering Memorandum or any of its contents and no legal liability is assumed or shall be implied with respect thereto. While the information contained in the Memorandum and any other Confidential Information is believed to be reliable, neither Broker nor Owner guarantees its accuracy or completeness. Due to the foregoing and since the Property will be leased on an “As Is, Where Is” basis, a prospective lessee must make its own independent investigations, projections, and conclusions regarding the opportunity without reliance on this Memorandum or any other Confidential Information. Although additional confidential information which may include engineering, environmental or other reports may be provided to qualified parties as marketing proceeds, prospective lessees should seek advice from their own attorneys, accountants, engineers, environmental and other experts.

By acknowledging your receipt of this Offering Memorandum from LCRE, you agree:

  • 1) The Offering Memorandum and its contents are confidential;
  • 2) You will hold it and treat it in the strictest of confidence; and
  • 3) You will not, directly or indirectly, disclose or permit anyone else to disclose this Offering Memorandum or its contents in any fashion or manner detrimental to the interest of the Owner.
Owner and LCRE expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to lease the Property and to terminate discussions with any person or entity reviewing this Offering Memorandum or making an offer to lease the Property unless and/or until a written agreement for the lease of the Property has been fully executed and delivered. A prospective lessee’s sole and exclusive rights with respect to this prospective transaction, the Property, or information provided herein or in connection with the lease of the Property shall be limited to those expressly provided in an executed Lease Agreement and shall be subject to the terms thereof. In no event shall a prospective lessee have any other claims against the Owner or LCRE or any of their affiliates or any of their respective officers, directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing or lease of the Property. This Offering Memorandum shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date of this Offering Memorandum. LCRE has a policy of proactive broker cooperation with the investment brokerage community. If applicable, a cooperating broker fee based on the lease value shall be paid to the cooperating broker that procures and represents the lessee that leases this property, pursuant to separate written agreement between Owner and LCRE. If applicable, cooperation does not include brokers that represent themselves as Principals or broker’s whose member of his immediate family is participating in the lease of the property. No broker will be recognized on a prospect that has previously contacted or been contacted by the Owner or the Owner’s representatives.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT A LCRE AGENT FOR MORE DETAILS.

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