Commercial Lease Agreement Template
Building Services Entry Point.
This Commercial Lease Agreement (the “Agreement”) is made and entered into as of [Date], by and between:
Landlord: [Full Legal Name], having a mailing address of [Address], hereinafter referred to as the “Landlord.”
Tenant: [Full Legal Name], having a mailing address of [Address], hereinafter referred to as the “Tenant.”
The Landlord and the Tenant may each be referred to herein as a “Party” and collectively as the “Parties.”
Premises.
a. The Landlord hereby leases to the Tenant the commercial property (“Premises”), situated at [Full Property Address and Description (suite number, floor, etc.)].
b. Common Area Rights (if any): [Lobbies], [Restrooms], [Loading], [Parking], subject to reasonable rules.
Utilities and Services.
a. Utilities and services responsibilities are as stated in Module 1.
b. Interruption: Landlord shall not be liable for interruption beyond reasonable control and shall use reasonable efforts to restore service if Landlord is contractually responsible.
c. Tenant shall not overload electrical or mechanical systems and shall use utilities in a commercially reasonable manner.
Permitted Use and Compliance.
a. Permitted Use: [Describe Tenant’s Business/Authorized Use].
b. Tenant shall comply with all applicable federal, state, and local laws, regulations, and ordinances applicable to Tenant’s use of the Premises.
c. Tenant shall obtain and maintain all necessary licenses and permits for its operations.
Term.
a. The term of this Agreement (“Term”) shall commence on [Commencement Date] and shall expire on [Expiration Date].
b. Holding Over: Possession beyond expiration without written extension is month-to-month on the same terms, except rent shall be [Percentage/Amount] of the then-current rent.
Rent and Additional Rent.
a. Tenant shall pay monthly base rent in the amount of [Rent Amount in USD], due on or before the [Due Date] day of each month, payable by [Payment Method].
b. Lease Structure: [Gross / Modified Gross / Net / Triple Net (NNN)].
c. If additional rent applies, Tenant shall pay [Tenant’s Proportionate Share %] of [Taxes / Insurance / CAM] as invoiced pursuant to [Addendum A / this Section].
d. Late Fee: If amounts are not received within [Grace Period] after the due date, a late fee of [Late Fee Amount or Percentage] may be charged.
Security Deposit.
a. Tenant shall pay a security deposit in the amount of [Security Deposit Amount in USD] before taking possession of the Premises.
b. The security deposit may be applied to damages, unpaid rent, unpaid additional rent, or other charges resulting from Tenant’s breach.
c. Return of any remaining balance shall be handled in accordance with applicable law and this Agreement.
Maintenance and Repairs.
a. Tenant shall keep the Premises in clean and orderly condition and promptly make non-structural repairs necessary due to Tenant’s use or occupancy.
b. Landlord shall be responsible for structural repairs to roof, foundation, and exterior walls, except to the extent caused by Tenant.
c. Tenant shall not make alterations without Landlord’s prior written consent.
Insurance.
a. Tenant shall maintain commercial general liability insurance with coverage of at least [Minimum Coverage Amount], naming Landlord as an additional insured.
b. If applicable, Landlord may maintain property insurance for the structure, the cost of which may be reimbursed by Tenant as additional rent.
c. Each Party releases the other to the extent of insurance proceeds received for covered property damage losses.
Default and Remedies.
a. Tenant is in default if Tenant fails to pay amounts when due or breaches a material term and fails to cure within [Cure Period] after written notice.
b. Upon default, Landlord may terminate this Agreement, retake possession, and pursue remedies available at law or in equity.
c. Enforcement Costs: The breaching Party shall pay reasonable legal fees and costs to the extent permitted by law.
Casualty and Condemnation.
a. If the Premises are damaged by casualty so it becomes substantially unusable, Landlord shall use available insurance proceeds to repair within a reasonable time.
b. If repairs cannot be completed within [Time Frame], either Party may terminate upon written notice.
c. If a governmental authority takes all or a substantial part of the Premises such that it cannot be used for Tenant’s purposes, this Agreement shall terminate as of the date of taking.
Notices and General Terms.
a. Governing Law and Venue: This Agreement shall be governed by the laws of the State of Washington. Any action shall be filed in the state or federal courts located in [County], Washington.
b. Notices shall be in writing and deemed given when delivered personally, sent by certified or registered mail (return receipt requested), or sent by a recognized courier service to the addresses above (or as updated by notice).
c. Entire Agreement; Severability: This Agreement and any addenda are the entire agreement. Invalid provisions do not affect remaining provisions.
Module 1 - Utility Responsibility Matrix.
The matrix below forms part of the Agreement.
Service | Landlord Responsible (Y/N) | Tenant Responsible (Y/N) | Metering/Billing | Notes |
Electric | [Y/N] | [Y/N] | [Separate meter / Allocation method] | [Notes] |
Gas | [Y/N] | [Y/N] | [Separate meter / Allocation method] | [Notes] |
Water/Sewer | [Y/N] | [Y/N] | [Separate meter / Allocation method] | [Notes] |
Trash/Recycling | [Y/N] | [Y/N] | [Vendor / Allocation method] | [Notes] |
Internet/Phone | [Y/N] | [Y/N] | [Provider] | [Notes] |
Service | Landlord Responsible (Y/N) | Tenant Responsible (Y/N) | Metering/Billing | Notes |
Electric | [Y/N] | [Y/N] | [Separate meter / Allocation method] | [Notes] |
Gas | [Y/N] | [Y/N] | [Separate meter / Allocation method] | [Notes] |
Water/Sewer | [Y/N] | [Y/N] | [Separate meter / Allocation method] | [Notes] |
Trash/Recycling | [Y/N] | [Y/N] | [Vendor / Allocation method] | [Notes] |
Internet/Phone | [Y/N] | [Y/N] | [Provider] | [Notes] |
Service
Landlord Responsible (Y/N)
Tenant Responsible (Y/N)
Metering/Billing
Notes
Electric
[Y/N]
[Separate meter / Allocation method]
[Notes]
Gas
Water/Sewer
Trash/Recycling
[Vendor / Allocation method]
Internet/Phone
[Provider]
Module 2 - Sustainability and Building Systems.
a. Building Systems: Tenant shall follow reasonable building procedures regarding HVAC schedules, after-hours requests, and equipment shutdowns if provided in writing.
b. Sustainability Practices (if any): [Recycling procedures], [Energy-saving settings], [Water usage practices], subject to applicable law and property rules.
Module 3 - Evidence and Recordkeeping for Condition.
a. Condition Records: The Parties may document condition at delivery and surrender using [Photo IDs], [Video IDs], and [Inspection report identifier].
b. Retention: Evidence identifiers shall be retained by the Parties for [Retention Period].
Signatures.
IN WITNESS WHEREOF, the Parties have executed this Commercial Lease Agreement on the dates indicated below.
Landlord: [Landlord Name]
Signature: ______________________________
Name/Title: [Authorized Signatory / Title]
Date: ______________________________
Tenant: [Tenant Name]
Facilities / Operations Reviewer (if any): [Name]
Service | Landlord Responsible (Y/N) | Tenant Responsible (Y/N) | Metering/Billing | Notes |
Electric | [Y/N] | [Y/N] | [Separate meter / Allocation method] | [Notes] |
Gas | [Y/N] | [Y/N] | [Separate meter / Allocation method] | [Notes] |
Water/Sewer | [Y/N] | [Y/N] | [Separate meter / Allocation method] | [Notes] |
Trash/Recycling | [Y/N] | [Y/N] | [Vendor / Allocation method] | [Notes] |
Internet/Phone | [Y/N] | [Y/N] | [Provider] | [Notes] |