522.30 Acs. Burford West Helm Ranch

Located near the center of Fresno County's irrigated farmland is a multigenerational property planted to almonds. The land has several water supply options depending on the rainfall year, including multiple wells and the ability to bring Central Valley Project (CVP) water. LEASHOLD SUMMARY Premises: 135 acres - see planting maps in brochure. Lease Term: 20 years commencing on January 1, 2016 Annual Rent: the greater of $300/acre or 15% of gross revenue resulting from sale of almonds. - $300/acre is due January 5th of the year immediately following the year in which almond sales were made and, the remainder, if any, on September 1st of that year Option to Renew: One 5 year option Expenses: Lessee shall be responsible for all expenses and maintenance: taxes, insurance, utilities, water costs, etc. Assignment: Lessors written consent is required for assignment of the lease