Retail Space Lease Template

This Retail Space Lease is made on [Date] by and between:

Landlord: [Full Name / Company Name]
Address: [Address]

Tenant: [Full Name / Company Name]
Address: [Address]

1. Premises

The Landlord leases to the Tenant the following retail premises:

Property Name: [Building / Center Name]
Street Address: [Address]
Suite or Unit Number: [Unit Number]
City, State, ZIP Code: [City, State, ZIP Code]

Approximate square footage: [Number]

2. Lease Term

The lease term begins on [Start Date] and ends on [End Date], unless renewed or ended earlier under this Lease.

Possession date: [Date]

Renewal option, if any:

[Describe renewal option or write “None”]

3. Rent

The Tenant shall pay base rent as follows:

Monthly Rent: [$Amount]
Due Date: [Day of Month]
Payment Method: [Check / ACH / Wire / Other]

Late fee, if applicable:

[Insert late fee terms]

4. Security Deposit

The Tenant shall pay a security deposit of [$Amount] before taking possession of the premises.

The security deposit may be used by the Landlord for unpaid rent, damage beyond ordinary wear and tear, or other amounts allowed under this Lease and applicable law.

5. Permitted Use

The premises may be used only for the following retail purpose:

[Describe retail business use]

The Tenant may not use the premises for any unlawful, hazardous, or unapproved purpose or for a business materially different from the permitted use without the Landlord’s written consent.

6. Common Charges and Additional Rent

In addition to base rent, the Tenant shall pay the following, if applicable:

☐ common area maintenance charges
☐ property taxes or tax share
☐ insurance share
☐ utilities
☐ other charges: [Describe]

Payment terms for additional rent:

[Insert details]

7. Utilities and Services

Utilities and services shall be handled as follows:

☐ Tenant pays all utilities directly
☐ Landlord provides certain utilities as part of rent
☐ utilities are shared or billed separately as follows: [Describe]

Included or excluded services:

[Electricity / water / internet / trash / HVAC / other]

8. Maintenance and Repairs

The Tenant shall keep the interior of the premises in a reasonably clean and safe condition and handle routine maintenance related to its use.

The Landlord shall be responsible for:

[Roof]
[Structure]
[Common areas]
[Building systems, if applicable]
[Other landlord responsibilities]

The Tenant shall be responsible for:

[Interior fixtures]
[Storefront upkeep]
[Damage caused by Tenant]
[Other tenant responsibilities]

9. Alterations and Signage

The Tenant may not make material alterations, improvements, or structural changes without the Landlord’s prior written consent.

Signage rights:

☐ Tenant may install approved exterior signage
☐ signage must comply with center or building rules
☐ Landlord approval is required before installation
☐ other: [Describe]

10. Compliance and Business Operations

The Tenant agrees to comply with applicable laws, health and safety requirements, zoning rules, licensing requirements, and building regulations relating to the Tenant’s business operations.

Hours of operation or center rules, if applicable:

[Insert details]

11. Insurance and Liability

The following insurance terms apply:

☐ Tenant shall maintain general liability insurance
☐ Tenant shall maintain property or contents insurance
☐ Landlord shall maintain building insurance
☐ other: [Describe]

Each party is responsible for its own acts and omissions under this Lease, subject to applicable law and insurance terms.

12. Assignment and Subletting

The Tenant may:

☐ not assign this Lease or sublet the premises without the Landlord’s written consent
☐ assign or sublet only under the following conditions: [Describe]
☐ otherwise as follows: [Describe]

13. Default and Remedies

If either party fails to perform a material obligation under this Lease, the non-defaulting party may provide written notice of default.

The defaulting party shall have [Number] days to cure the default, if curable.

If the default is not cured, the non-defaulting party may exercise any rights available under this Lease or applicable law.

14. Surrender of Premises

At the end of the Lease, the Tenant shall vacate the premises and return it in reasonably good condition, ordinary wear and tear excepted, subject to any agreed restoration or removal obligations.

Move-out or restoration requirements, if any:

[Insert details]

15. Governing Law

This Lease shall be governed by the laws of the state of [State].

16. Entire Agreement

This Lease contains the full understanding between the parties regarding the retail premises described above and replaces prior discussions on the same subject unless otherwise stated in writing.

17. Signatures

Landlord Signature: __________________________
Name: [Full Name]
Title: [Title, if applicable]
Date: [Date]

Tenant Signature: __________________________
Name: [Full Name]
Title: [Title, if applicable]
Date: [Date]