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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. Adjust fields in the controller to customize variables dynamically. Open in our visual tiptap document workspace to edit text blocks, trigger AI assistant rewrites, and export as PDF/Word.

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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

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Summit Ridge Commercial Properties

742 Evergreen Terrace, Springfield, IL 62704

sarah.j@techsolutions.com · +1 (555) 382-9281

COMMERCIAL LEASE AGREEMENT

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

Parties

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

Tenant: Erlich Bachman, 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 2027-07-31, 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: Richard Hendricks

Tenant: Erlich Bachman

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