A sublease, or sublet, occurs when a tenant assigns part or all of their lease to a new tenant. In general, most commercial leases permit subletting.A commercial sublease happens when a tenant allows another party to use the leased premises upon the payment of an amount of rent. When you lease a commercial space, it's usually advisable to make certain that you have the right sized space for your operations. Edit, sign, and share Commercial Sublease - Florida online. No need to install software, just go to DocHub, and sign up instantly and for free. Subletting your office space or commercial property? Easily customize your own Commercial Sublease Agreement. Tenants that are going out of business or need to move to a bigger space may look toward subletting as a way to relieve themselves of their rental obligation. Our easy to use tool can help you create a commercial sublease in less than 2 minutes.