Commercial Sublease - Louisiana 2025

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The document is a Commercial Sub-Lease Agreement between a Sub-Lessor and a Sub-Lessee, outlining the terms of leasing property, including rental payments, duration, permitted use, maintenance responsibilities, insurance requirements, and conditions for default and termination. It establishes the legal relationship between the parties and includes provisions for repairs, indemnity, and compliance with laws.
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Double Net: Tenant pays rent plus property taxes and insurance. Triple Net: tenant pays rent, property taxes, insurance, and maintenance fees.
Types of Commercial Leases Property expenses include real estate taxes, property insurance, and common area maintenance. The first type of commercial lease is a gross lease, in which the landlord covers all property expenses and the tenant pays a monthly cost for rent of the space.
A triple net lease (triple-net or NNN) is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.

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Benefits of a Triple Net Lease The most obvious benefit of using a triple net lease for a tenant is a lower price point for the base lease. Since the tenant is absorbing at least some of the taxes, insurance, and maintenance expenses, a triple net lease features a lower monthly rent than a gross lease agreement.
The Commercial lease agreement is an agreement between landlord and tenant to rent property with the intention to operate a business.
In Louisiana, leases may be written or oral; however, we highly recommend you use a written lease regardless of the length of tenancy.
Calculating a Triple Net Lease Triple net leases are calculated by adding the yearly taxes on the property and the insurance for the space together and dividing that amount by the building total rental square footage.
Louisiana Lease and Rent Information There are two types of leases, written and oral with written being the most binding and common.

Related links

LSU Law: Louisiana Civil Code

Art. 2668. Lease is a synallagmatic contract by which one party, the lessor, binds himself to give to the other party, the lessee, the use and

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Louisiana Laws - Louisiana State Legislature

The lessee has the right to sublease the leased thing or to assign or encumber his rights in the lease, unless expressly prohibited by the contract of lease.

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