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INDIANA COMMERCIAL LEASE This Lease Agreement made the day of , 20 , by and between name of lessor , of street address , State of , hereinafter referred to as "Lessor ", and name of lessee.

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Related content

Commercial Lease Agreement - SEC.gov
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FL-12983-D CA-FL-677 WA-NC-301 DS-3035 2007

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A commercial lease is used by a tenant to rent space for a business while a residential lease is used by a tenant to rent a home or space to personally reside in. Commercial leases are typically viewed as contracts between knowledgeable business people.

Double net lease The tenant pays taxes, insurance, and rent. Triple net lease The tenant pays taxes, insurance, maintenance, and rent. ... Fully-serviced lease The rent includes utilities and other services that the tenant would generally pay for separately (common in office buildings with multiple tenants).

Due to its structure, a percentage lease is most commonly used when negotiating with a retail tenant, especially if that tenant is going to be joining in on a multi-tenant retail space like a mall or shopping center. The draw behind this lease type is that it can be mutually beneficial to both the landlord and tenant.

A typical commercial lease is a 5 and 5 , meaning a 5 year lease, with an option to renew for another 5 years. Options usually must be exercised by writing a letter to the landlord some months before the initial lease term expires, expressly exercising the option.

1. Single Net Lease. A net lease is perhaps the most common form of commercial lease agreement. With a net lease, the tenant is responsible for a base rent payment, plus additional expenses associated with the property.

In a single-net lease, the tenant pays a base rent, a share of the building's property tax, as well as utilities and janitorial services. The landlord is responsible for all other building expenses.

There are three categories of leases when it comes to commercial real estate: Gross Lease (also known as Full Service Lease), Net Lease, and Modified Gross Lease.

A standard lease agreement can vary with a typical length of one-year, however, it is up to the landlord to decide what is best for their property. Six-month leases, two-year leases, or month-to-month are also options.

Double net lease The tenant pays taxes, insurance, and rent. Triple net lease The tenant pays taxes, insurance, maintenance, and rent. ... Fully-serviced lease The rent includes utilities and other services that the tenant would generally pay for separately (common in office buildings with multiple tenants).

A Triple Net Lease (NNN Lease) is the most common type of lease in commercial buildings. In a NNN lease, the rent does not include operating expenses. Operating expenses include utilities, maintenance, property taxes, insurance and property management.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232