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Office Lease Agreement - Arizona

Office Lease Agreement - Arizona 2025

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The document is an Office Lease Agreement between a Lessor and a Lessee, outlining the terms of leasing office premises for a primary term of one year. It details rental payments, responsibilities for maintenance and utilities, conditions for lease extension, indemnification clauses, and procedures in case of default or property damage. The agreement emphasizes the obligations of both parties regarding property use, insurance, and compliance with regulations.

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Click ‘Get Form’ to open the Office Lease Agreement - Arizona in the editor.
Begin by filling in the date of execution at the top of the document, followed by the names of both Lessor and Lessee.
In Section 1, provide the complete address of the leased premises. Ensure accuracy for legal purposes.
For Section 2, specify the lease term start and end dates. Note any conditions for automatic renewal.
In Section 3, enter the monthly rental amount and due date. Be mindful of late payment terms outlined.
Section 4 requires you to state the intended use of the leased property. Ensure this aligns with your business needs.
Continue through each section, providing necessary details about taxes, utilities, maintenance responsibilities, and insurance as specified in Sections 5 through 14.
Finally, review all entries for accuracy before signing in the designated areas at the end of the document.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I lease out office space?

How To Lease Office Space in 8 Steps Become familiar with the leasing journey. Determine if you should hire a broker. Assess your space needs. Develop a budget. Select a location and a building. Negotiate with landlords. Build out space. Pack up and move (if applicable).

What is the most common commercial lease?

Triple Net Lease (NNN Lease) Triple net leases are one of the most widely used types of commercial real estate leases.

How much should I pay for a commercial lease?

Commercial tenants should be able to spend 5% to 10% of their gross sales per foot on rent. Your gross sales divided by the locations square footage will give you sales per square foot. For example, you estimate your business will make $300,000 per year in total sales, and you are looking at a 1,500 square foot space.

What are the standard office lease terms?

Most office space leases stretch for 5-10 years, but some landlords prefer to set yearly renewals for leases. Its possible to have a break clause at the midpoint of the lease duration. This is only possible if the lease agreement states it as part of the terms.

Is an office lease an operating lease?

Operating leases are often shorter term leases for things like office business space or equipment.

What type of lease typically is used for office leases?

Gross Lease Gross leases are most common for commercial properties such as offices and retail space. The tenant pays a single, flat amount that includes rent, taxes, utilities, and insurance. The landlord is responsible for paying taxes, utilities, and insurance from the rent fees.

What type of lease is office space?

Modified gross leases are typically used for commercial spaces such as office buildings with multiple tenants. This type of lease typically falls between a gross lease, where the landlord pays for operating expenses, and a net lease, which passes on property expenses to the tenant.

Office Lease Agreement - Arizona 2025

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