This is a commercial lease form for the State of Arizona. It is for leasing a building for any use, such as an office. This lease is very detailed and includes provisions addressing the areas of lease term, payment of rent, later charges, utilities, condition of premises, security deposits, default, termination, right of re-entry, holdover, and many other legal clauses. Make changes to suit your needs and agreement with your lessee.
An Arizona commercial lease with Lease Mesa is a legally binding agreement between a landlord and a tenant for the rental of a commercial property located in Mesa, Arizona. This type of lease agreement outlines the terms and conditions under which the tenant can occupy and use the commercial space for business purposes. There are several types of Arizona commercial leases available with Lease Mesa, catering to different business needs and preferences: 1. Gross Lease: This type of lease requires the tenant to pay a fixed rental amount, which includes all or most of the operating expenses, such as property taxes, insurance, and maintenance costs. The landlord assumes responsibility for these expenses, giving tenants predictable monthly costs. 2. Net Lease: In a net lease, the tenant is responsible for paying a base rent along with a portion of the operating expenses. There are three main types of net leases: — Single Net Lease (N Lease): The tenant pays a base rent plus a share of property taxes. — DoublReleasingNN Lease): The tenant pays a base rent plus a share of property taxes and insurance. — Triple Net Lease (NNN Lease): The tenant pays a base rent plus a share of property taxes, insurance, and maintenance costs. 3. Percentage Lease: This lease agreement is common for retail businesses. In addition to a base rent, the tenant is required to pay a percentage of their gross sales to the landlord. This type of lease is often seen in shopping malls or high-traffic areas. 4. Short-term Lease: This lease option provides flexibility for businesses looking for temporary commercial space. It typically lasts for a duration of 1 to 2 years and offers greater flexibility for businesses that may need to relocate or expand in the near future. 5. Long-term Lease: A long-term lease provides stability and security to tenants by extending the lease agreement for an extended period, often ranging from 5 to 10 years or even longer. This type of lease is suitable for businesses that intend to establish a long-term presence in Mesa, Arizona. When entering into an Arizona commercial lease with Lease Mesa, it is crucial for both parties to carefully review and understand the terms outlined in the lease agreement. This legal document typically includes information about the rent amount, lease duration, renewal options, responsibilities for maintenance and repairs, permitted uses of the commercial space, and terms for termination or breach of the lease. By utilizing an Arizona commercial lease with Lease Mesa, businesses can secure a suitable commercial property in Mesa while ensuring a clear understanding of the rights and obligations associated with the tenancy.