Commercial Lease Agreement Template printable pdf download

Commercial Lease Agreement Template

COMMERCIAL LEASE AGREEMENT

THIS LEASE AGREEMENT is made and entered into [DATE], by and between [NAME], whose address is

[ADDRESS], (hereinafter referred to as “Landlord”), and [NAME], whose address is [ADDRESS],

(hereinafter referred to as “Tenant”).

ARTICLE I – GRANT OF LEASE

Landlord, in consideration of the rents to be paid and the covenants and agreements to be performed

and observed by the Tenant, does hereby lease to the Tenant and the Tenant does hereby lease and

take from the Landlord the property described in Exhibit “A” attached hereto and by reference made a

part hereof (the “Leased Premises”), together with, as part of the parcel, all improvements located

thereon.

ARTICLE II – LEASE TERM

Section 1. Total Term of Lease. The term of this Lease shall begin on the commencement date, as

defined in Section 2 of this Article II, and shall terminate on [DATE].

Section 2. Commencement Date. The “Commencement Date” shall mean the date on which the Tenant

shall commence to conduct business on the Leased Premised, so long as such date is not in excess of

sixty (60) days subsequent to execution hereof.

ARTICLE III – EXTENSIONS

The parties hereto may elect to extend this Agreement uponsuch terms and conditions as may be

agreed upon in writing and signed by the parties at the time of any such extension.

ARTICLE IV – DETERMINATION OF RENT

The Tenant agrees to pay the Landlord and the Landlord agrees to accept, during the term hereof, at

such place as the Landlord shall from time to time direct by notice to the Tenant, rent at the following

rates and times:

Section 1. Annual Rent. Annual rent for the term of the Lease shall be [AMOUNT] Dollars ($[#]), plus

applicable tax.

Commercial Lease Agreement Template