Sample Industrial Lease for Argus-1 - AIR COMMERCIAL REAL ... 2025

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The document is a standard industrial/commercial multi-tenant lease agreement outlining the terms and conditions between a lessor and lessee for leasing a commercial property. It includes provisions regarding the parties involved, premises description, rental terms, maintenance responsibilities, insurance requirements, use of the premises, default and breach remedies, and other legal obligations. The lease emphasizes the rights and responsibilities of both parties while addressing issues such as common area expenses, alterations to the premises, and compliance with applicable laws.
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  1. Click ‘Get Form’ to open the Sample Industrial Lease in our editor.
  2. Begin by filling in the 'Parties' section, entering the names of the Lessor and Lessee. Ensure accuracy as this identifies both parties involved.
  3. In the 'Premises' section, provide the specific address and description of the leased property. This is crucial for defining the location and scope of the lease.
  4. Complete the 'Term' section by specifying the duration of the lease, including start and end dates. This establishes your commitment period.
  5. Fill in financial details such as 'Base Rent' and any applicable adjustments. This ensures clarity on payment obligations.
  6. Review additional sections like 'Use', 'Insurance', and 'Maintenance' to ensure compliance with all terms outlined in the lease.
  7. Once all fields are completed, utilize our platform's signing feature to securely sign and send your lease document for finalization.

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Commercial real estate typically involves the types of buildings most people know and use in daily life, such as offices and retail stores. Industrial real estate, on the other hand, typically involves properties where goods are made, stored and/or shipped.
Commercial leases tend to be short-termusually anywhere from 1 to 5 yearswhile industrial ones tend to range from 5 to 20 years, depending on the agreement between landlord and tenant.
An industrial real estate lease is a rental agreement between a commercial space owner (landlord) and a business (tenant). These agreements typically come in three different forms: full-service leases, net leases and modified gross leases. Unlike residential leases, industrial real estate leases can be negotiable.
Key Elements of a Commercial Lease Property Description. A clear and precise description of the property is fundamental. Lease Term. Rent and Payment Terms. Use of Property. Maintenance and Repairs. Alterations and Improvements. Insurance Requirements. Subleasing and Assignment.
Industrial construction refers to the construction of a business that deals with manufacturing goods, like manufacturing plants, power plants, refineries, and solar wind farms. Commercial construction refers to constructing a business or venture to gain profit.

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People also ask

Triple net leases are one of the most widely used types of commercial real estate leases. In this arrangement, the tenant pays rent, a share of property taxes, a share of insurance, and a fixed fee for common area maintenance and operating expenses.
3 Types of Commercial Real Estate Leases Gross Lease/Full Service Lease. In a gross lease, the tenants rent covers all property operating expenses. Net Lease. The net lease is a highly adjustable commercial real estate lease. Modified Gross Lease/Modified Net 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.

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