Parties

Landlord Information

The property owner or their authorized representative.

Landlord Type

Individual

Corporation

LLC

Full Legal Name

Country

Street Address

City

State

ZIP Code

Phone

Tenant Information

The business or individual leasing the commercial space.

Tenant Type

Individual

Corporation

LLC

Full Legal Name

Country

Street Address

City

State

ZIP Code

Phone

Include a Personal Guarantor

A guarantor personally guarantees the tenant's lease obligations

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Commercial Lease Agreement

THIS COMMERCIAL LEASE AGREEMENT (the "Lease") is made and entered into as of ________ day of ________________, ________.

PARTIES

This Lease is between , of (the "Landlord") and , of (the "Tenant") .

(Landlord and Tenant are each a "Party" and together, the "Parties". The Guarantor is a Party solely for the guaranty.)

1. LEASED PREMISES

Landlord hereby leases to Tenant the following described commercial property (the "Premises"):

The Premises are located at ; Property Type: Office; Square Footage: ; Parking: .

2. TERM

The initial term of this Lease shall commence on and shall expire on , unless sooner terminated or extended as provided herein.

3. LEASE TYPE

This is a Triple Net (NNN) Lease lease.

4. BASE RENT

Tenant agrees to pay Landlord as base rent the sum of USD0.00 , payable in advance on the first day of each month.

Rent Escalation: The Base Rent shall increase by 3% annually.

Rent Commencement: Rent shall commence on the Lease Start Date.

5. SECURITY DEPOSIT

Upon execution of this Lease, Tenant shall deposit with Landlord the sum of USD0.00 as a security deposit.

6. OPERATING EXPENSES

Property Taxes:

Insurance:

7. UTILITIES

Tenant shall pay for utilities as described below.

Utilities include: electricity, natural gas, water, internet

8. USE OF PREMISES

Tenant shall use and occupy the Premises solely for the following purpose:

9. ALTERATIONS AND IMPROVEMENTS

Tenant may make alterations to the Premises with the prior written approval of Landlord.

10. SIGNAGE

Tenant is permitted to install signage on the Premises subject to Landlord's approval and local regulations.

11. MAINTENANCE AND REPAIRS

Landlord's Responsibilities: Structural repairs, roof, exterior walls, and common areas.

Tenant's Responsibilities: Interior maintenance, repairs to Tenant's fixtures and equipment, and ordinary wear and tear.

HVAC Maintenance:

Janitorial Services:

12. RENEWAL OPTION

Tenant shall have the option to renew this Lease for an additional term under mutually agreed conditions.

Tenant must provide 180 days' written notice of intent to renew. Rent for the renewal term shall increase by 3%.

13. TERMINATION

Either party may terminate this Lease by providing 90 days' written notice.

Holdover: If Tenant remains in possession after the Lease term, rent shall be 150% of the Base Rent, prorated monthly, until the Premises are surrendered.

14. DEFAULT AND REMEDIES

Monetary Default: Failure to pay rent within 10 days of the due date.

Non-Monetary Default: Failure to perform any other obligation within 30 days after written notice.

Upon default, Landlord may pursue any and all remedies available at law or in equity, including but not limited to:

15. INSURANCE REQUIREMENTS

Tenant shall maintain the following insurance coverage:

General Liability: Minimum USD1,000,000.00
Property Insurance: Minimum USD500,000.00
Workers' Compensation: As required by law

Landlord shall be named as an additional insured on Tenant's liability policies.

16. SUBORDINATION

This Lease is subordinate to any mortgage, deed of trust, or other financing encumbering the Premises.

17. ATTORNEYS' FEES

In any action arising out of this Lease, the prevailing party is entitled to recover reasonable attorneys' fees and costs.

18. NOTICES

Any notice required or permitted under this Lease shall be in writing and delivered by personal delivery, certified mail (return receipt requested), or email.

Notices shall be sent to the Parties at the addresses set forth above, or to such other address as a Party may designate in writing.

19. ASSIGNMENT

No Party may assign this Agreement without the prior written consent of the other Party, and any attempted assignment without consent is void.

20. AMENDMENTS; WAIVER

This Lease may be amended only by a written instrument signed by the Parties.

No waiver of any breach of this Agreement will be deemed a waiver of any subsequent breach, and no waiver will be effective unless in writing and signed by the waiving Party.

21. COUNTERPARTS; ELECTRONIC SIGNATURES

This Agreement may be executed in counterparts, each of which will be deemed an original, and signatures delivered electronically or by PDF will be binding.

22. SEVERABILITY

If any provision of this Agreement is held to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

23. GOVERNING LAW

This Lease shall be governed by and construed in accordance with the laws of the State of .

ENTIRE AGREEMENT

This Lease constitutes the entire agreement between the parties and supersedes all prior negotiations, representations, or agreements relating to this subject matter.

IN WITNESS WHEREOF, the parties have executed this Lease as of ________ day of ________________, ________

LANDLORD

TENANT