A commercial lease agreement defines the terms for renting business property.
COMMERCIAL LEASE AGREEMENT
This Commercial Lease Agreement ("Agreement") is entered into on [DATE] between [LANDLORD NAME], a [ENTITY TYPE] ("Landlord") and [TENANT NAME], a [ENTITY TYPE] ("Tenant") for the commercial property located at [PROPERTY ADDRESS].
1. PREMISES AND USE
Landlord leases to Tenant the commercial space described as [PROPERTY DESCRIPTION] consisting of approximately [SQUARE FOOTAGE] square feet. Tenant may use the premises solely for [PERMITTED USE] and related lawful commercial activities.
2. LEASE TERM AND RENT
The lease term shall be for [LEASE DURATION] beginning on [START DATE] and ending on [END DATE]. Base rent is $[MONTHLY RENT] per month, payable in advance on the [DAY] day of each month. Rent shall increase by [PERCENTAGE]% annually or as otherwise specified.
3. ADDITIONAL CHARGES
In addition to base rent, Tenant shall pay: (a) property taxes, (b) insurance premiums, (c) common area maintenance fees, (d) utilities not separately metered, and (e) any other operating expenses as specified in attached Schedule A.
4. SECURITY DEPOSIT AND GUARANTEES
Tenant shall provide a security deposit of $[DEPOSIT AMOUNT] and [GUARANTOR REQUIREMENTS]. The deposit secures Tenant's performance and may be applied against damages, unpaid rent, or other obligations upon lease termination.
5. MAINTENANCE AND IMPROVEMENTS
Tenant is responsible for interior maintenance and repairs. Landlord maintains structural elements, roof, and major building systems. Any improvements or alterations require Landlord's written consent and shall comply with applicable building codes and regulations.
6. DEFAULT AND REMEDIES
Default includes non-payment of rent, violation of lease terms, or bankruptcy. Upon default, Landlord may terminate the lease, re-enter the premises, and pursue all available legal remedies including damages and attorney fees.
This Agreement represents the complete understanding between the parties and supersedes all prior negotiations and agreements.
LANDLORD: _________________ TENANT: _________________
[LANDLORD NAME] [TENANT NAME]
Date: ___________ Date: ___________
Notarized: _______________
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A Commercial Lease Agreement is a comprehensive legal contract for leasing office buildings, retail spaces, warehouses, industrial facilities, and other business properties, establishing terms between commercial landlords and business tenants. Essential for entrepreneurs, corporations, small businesses, retailers, restaurants, and service providers who need commercial space, this agreement covers base rent, operating expenses, maintenance responsibilities, permitted uses, tenant improvements, and lease terms. The contract typically includes provisions for rent escalations, common area charges, property taxes, insurance requirements, assignment rights, and default remedies. Critical for property owners and business operators who need documented commercial arrangements to protect investments, ensure compliance with zoning laws, and establish clear financial obligations for successful long-term business relationships.