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Commercial Lease Agreement

Lease agreement for commercial property including retail, office, and industrial spaces. Covers base rent, CAM charges, build-out, and permitted use.

Instructions

Instructions

  • Parties: Landlord entity name and tenant business entity name
  • Premises: Exact description of the leased space including square footage
  • Permitted Use: Define what business activities are allowed
  • Rent Structure: Specify base rent, NNN charges, percentage rent, and annual escalation
  • Term: Set the initial term (typically 3-10 years) and renewal options
  • Build-Out: Address tenant improvements, who pays, and the approval process
  • Insurance: Specify required insurance types and coverage amounts
  • Assignment/Subletting: Define whether the tenant can assign or sublet
    • Note: Commercial leases are heavily negotiated. Both parties should have legal counsel review the agreement.