Standard Commercial Lease Agreement Template

This may increase the amount to some extent, but it is a reasonable decision to reach an agreement in the long term. The same scenario applies to an office building. The property is the entire office building (or office park), and the premises at the door are one of the office suites that are rented. A commercial lease is a contract used for the rental of business real estate to or by another person or company. It gives the tenant (or tenant) the right to use the property for the duration of the rental contract against payment to the lessor for commercial purposes. Panda-Tip: Since commercial leases can be long and most of the terms are the same between many tenants of the same commercial property, it`s a good idea to have listed the basic information on the first page and then the standard terms. Select the monthly rent you want to charge the new tenant. Unlike residential property, commercial leasing is described as a price per square foot ($/SF). If you are trying to pay the rental amount, it is a good idea to set the price that is close to what others are asking for near you….