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A commercial lease agreement is a contract between a landlord and a tenant for renting office or industrial space, typically lasting between three to five years, with options for renewal. There are two main types of commercial leases: a gross lease, where expenses are included in the base rent, meaning the tenant pays no additional rent, and a net lease, where the tenant pays the monthly rent plus real estate taxes, insurance, and maintenance costs. The allocation of expenses can differ, with landlords generally expecting tenants to cover certain costs. Lease terms vary based on state and local laws.