ContractsFreeUpdated August 2026

Commercial Lease Agreement Template

Commercial lease agreement template for office, retail, and industrial space covering demised premises, base rent, CAM charges, lease term, and permitted use. Fill in the fields to customize your document, then open it in the editor to edit any text, use the AI assistant to rewrite, and export as PDF or Word.

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Summit Ridge Commercial Properties
266 Lexington Ave, Suite 319, Austin, TX 78701 · hello@summitridgecommercialproperties.com
COMMERCIAL LEASE AGREEMENT

This Commercial Lease Agreement is made between Daniel Whitfield of Summit Ridge Commercial Properties (the Landlord) and Marcus Lang of BrightPath Technologies Inc. (the Tenant) for the lease of commercial premises located at 2100 Market Street, Suite 400, Philadelphia, PA 19103.

Parties

Landlord: Daniel Whitfield, Summit Ridge Commercial Properties, 345 Palo Alto Rd, Palo Alto, CA 94301 (+1 (555) 888-2233)

Tenant: Marcus Lang, BrightPath Technologies Inc., 5230 Newell Rd, Palo Alto, CA 94303

1. Demised Premises

The Landlord leases to the Tenant approximately 4,500 square feet of rentable space at 2100 Market Street, Suite 400, Philadelphia, PA 19103, together with the non-exclusive right to use common areas of the building and parking.

2. Permitted Use

The Tenant shall use the premises solely for general office and administrative use and for no other purpose without the Landlord prior written consent. The Tenant shall comply with all zoning laws, certificates of occupancy, and building rules.

3. Lease Term

The lease term is 5 years, commencing September 1, 2026 and expiring August 31, 2031, unless earlier terminated or extended in accordance with this Agreement.

4. Base Rent & Escalation

The Tenant shall pay base rent of $9,375.00 per month, due in advance on the first day of each month. Base rent shall increase annually per the escalation schedule: 3% annually.

5. Operating Expenses & CAM

In addition to base rent, the Tenant shall pay its proportionate share of common area maintenance (CAM), taxes, and insurance as follows: $2.50 per rentable square foot annually. The Landlord shall reconcile actual expenses against estimates annually.

6. Security Deposit & Renewal

The Tenant shall deposit $9,000.00 refundable deposit as security for performance of its obligations. Renewal option: One 5-year renewal option at prevailing market rate.

Signatures

Landlord Signature: Daniel Whitfield

Tenant Signature: Marcus Lang

Binding upon the parties, their successors, and permitted assigns under applicable commercial tenancy law.
Summit Ridge Commercial Properties

This free Commercial Lease Agreement template is a ready-to-use document you can fill in, export and send today. Commercial lease agreement template for office, retail, and industrial space covering demised premises, base rent, CAM charges, lease term, and permitted use. Use it to agree scope, money and ownership in writing before the work starts, so a disagreement in month six has an answer. Every field is editable, the preview updates as you type, and the finished file downloads as PDF or Word with no watermark and no sign-up.

Who this Commercial Lease Agreement template is for

  • Freelancers and agencies engaging clients
  • Small businesses onboarding vendors or contractors
  • Anyone who has been burned by scope creep or a late payment

What's included in this Commercial Lease Agreement template

  • Landlord name
  • Landlord company
  • Landlord address
  • Landlord contact
  • Tenant name
  • Tenant company
  • Tenant address
  • Premises address
  • Rentable square feet
  • Permitted use
  • Lease term
  • Start date
  • Lease end date
  • Base rent
  • Rent escalation
  • Cam charges
  • Security deposit
  • Renewal option
  • Landlord signature
  • Tenant signature

How to use this Commercial Lease Agreement template

  1. 1Name both parties by their full legal entity, not a trading name.
  2. 2List deliverables as nouns, then list what is explicitly out of scope.
  3. 3Set the fee, the payment schedule, and what happens when a payment is late.
  4. 4Say when intellectual property transfers — on final payment, not on delivery.
  5. 5Both parties sign and date, and each keeps a signed PDF.

Commercial Lease Agreement: mistakes to avoid

  • The out-of-scope paragraph is the most valuable one in the document.
  • Tie your deadlines to the client's inputs: "within 10 business days of receiving brand assets".
  • Ask for portfolio rights explicitly. Clients rarely object, and asking later is harder.
  • Name a governing jurisdiction. "We'll sort it out" is not a dispute-resolution clause.

Frequently asked questions

Is this Commercial Lease Agreement legally binding?

Once both parties sign and there is a clear offer, acceptance and consideration, an agreement of this kind is generally binding. Contract law is jurisdiction-specific, so have your standard version reviewed once by a lawyer where you operate — then reuse it.

Can I edit the clauses?

Yes, and you should. Delete what does not apply rather than trying to remember to add it. Deleting is safer than remembering.

When does the client own the work?

Whenever this document says so — and it should say on receipt of final payment, not on delivery. Until then you grant a licence, you do not assign ownership. That single clause is what lets you stop work if an invoice goes unpaid.

Do I also need a separate NDA?

Not if this agreement already contains a mutual confidentiality clause. A standalone NDA is worth signing earlier — during pitching or due diligence, before any contract exists.