In the Commercial Sub-lease agreement for Christian Brothers Automotive, who is considered the 'Lessor'?
Christian_Brothers_Automotive Franchise · 2025 FDDAnswer from 2025 FDD Document
n. Tenant will take possession of the Premises within five days of receiving notice that the Premises are Substantially Completed (as such term is defined in the Master Lease).
5. Payment of Rent.
- a. Tenant will pay Lessor the following amounts during the following periods: (a) $22,000- $36,000 per month for the first one year period of this Lease (the exact amount will be as Lessor notifies Tenant in the Lease Term Letter) commencing on the Commencement Date (subject to the provisions of subsection (e), below) and on the first day of each calendar month thereafter; and (b) on each one year anniversary of this Lease, the rent for the next one year period of this Lease will be established by increasing the amount of the rent that was paid for the previous one year period by one and one-half percent.
Source: Item 23 — RECEIPTS (FDD pages 76–372)
What This Means (2025 FDD)
According to the 2025 Christian Brothers Automotive Franchise Disclosure Document, the Tenant in the Commercial Sub-Lease agreement will pay rent to the Lessor. The document specifies that the rent payments are to be made at the Lessor's offices, located at 17725 Katy Freeway, Houston, Texas 77094.
While the FDD excerpt specifies where the rent is to be paid, it does not explicitly state who the Lessor is in the Commercial Sub-Lease agreement.
A prospective Christian Brothers Automotive franchisee should clarify with the franchisor who the Lessor is and obtain a full copy of the Commercial Sub-Lease Agreement to fully understand their obligations.