Commercial Leases

A commercial lease is an agreement between a landlord and a tenant for nonresidential use of a property. Commercial leases differ from residential leases in that there are fewer protections for the tenants, no standard forms, the terms are usually long-term, and there is more flexibility in negotiating. A commercial lease agreement should define what is being leased; whether it is a gross or net lease; the rental rate; who is responsible for maintenance; the approved activities for the property; and possibilities for additions and improvements to the property. Because there is so much money at stake, a commercial lease needs to be clear and carefully drafted. If you are a commercial landlord or tenant and would like an experienced Arizona real estate attorney to review and discuss your lease agreement, get in touch with us here at JacksonWhite.

Call JacksonWhite at (480) 464-1111 to discuss your case today.

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