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A commercial lease agreement is a contract between a landlord and a tenant to rent office or industrial space. Commercial leases are typically longer than residential leases, typically lasting between three to five years. There are two main types of commercial lease agreements: gross lease and net lease. In a gross lease, expenses are included in the base rent, while in a net lease, the tenant pays for real estate taxes, insurance, and maintenance in addition to the base rent. The terms of a commercial lease can vary based on state and local laws.