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A commercial lease agreement is a contract for renting office or industrial space between a landlord and a tenant, typically lasting three to five years, with renewal options often included. There are two main types of commercial leases: a gross lease, where all expenses are included in the base rent, and a net lease, where the tenant pays the base rent plus additional costs such as real estate taxes, insurance, and maintenance. The allocation of these occupancy and operating expenses can vary, and tenants are generally expected to cover some costs. Lease terms may vary based on state and local laws.