Commercial lease agreement template
Set the terms for renting business space between a landlord and a tenant.
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About Commercial lease agreement
A commercial lease agreement sets the terms for renting space used for business, such as an office, shop, or warehouse. It covers the parties, the space, the rent, the length of the lease, and who is responsible for costs like utilities, repairs, and taxes.
This page is a general template and a convenience for drafting, not legal advice, and for important matters consult a qualified professional in your jurisdiction. Commercial lease rules vary by state and the terms can be detailed, so confirm what applies to your property before you rely on this document.
Who needs to complete it
- Landlords renting out office, retail, or industrial space.
- Business owners leasing space to operate from.
- Property managers setting written terms for a commercial tenant.
- Anyone who wants rent, term, and cost responsibilities in writing.
How to fill out Commercial lease agreement
- 1Enter the names and addresses of the landlord and the tenant and the date of the lease.
- 2Describe the leased space, including the address and the specific unit or square footage.
- 3State the rent, when it is due, and how it may change over the term.
- 4Set the lease start date, the length of the term, and any renewal options.
- 5State the security deposit and how it is handled at the end of the lease.
- 6Set out who pays for utilities, maintenance, insurance, and property taxes.
- 7Describe the permitted use of the space and any rules on alterations or subletting.
- 8Have both the landlord and the tenant review, sign, and date the lease, and keep a copy each.
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Frequently asked questions
How is a commercial lease different from a residential lease?
Commercial leases cover business space and are usually more detailed about costs, use, and length, with fewer of the tenant protections found in residential rentals. This page is a general template and a convenience, not legal advice, and for important matters consult a qualified professional in your jurisdiction.
What is a triple net lease?
It is a common arrangement where the tenant pays rent plus a share of property taxes, insurance, and maintenance. Use the cost responsibility section to state clearly who pays what.
Can the tenant sublet the space?
Only if the lease allows it. Many commercial leases require the landlord's written approval before a tenant can sublet or assign the space.
Should both parties keep a copy?
Yes. The landlord and the tenant should each sign and keep a copy so both sides can point to the agreed terms.