Lease agreements

Clear, enforceable lease terms for commercial tenants

Every property we manage operates under a consistent leasing framework — transparent rent structures, documented security deposit handling, and defined maintenance responsibilities. Review the standard terms below, then download our sample lease template to see the full document structure.

Download sample lease template (PDF)

Standard tenant terms

Term & renewal

Standard initial terms of three to ten years for office, industrial, and retail space
Renewal options negotiated at market rate with 180-day written notice
Early occupancy and fixturing periods available for build-to-suit tenants

Rent & escalations

Base rent quoted per rentable square foot, payable on the first of each month
Annual escalations typically 2–3%, or indexed to CPI where negotiated
Triple-net (NNN) recovery of taxes, insurance, and common area maintenance

Security deposit

Standard deposit equal to one to three months of base rent
Held in a separate account and never commingled with operating funds
Letters of credit accepted from qualified corporate tenants
Returned within 30 days of surrender, less documented damage or arrears

Maintenance & use

Landlord maintains roof, structure, and building systems; tenant maintains premises
Permitted use, signage, and alteration standards defined per property
Certificate of insurance naming the landlord as additional insured required

Rent structures by asset type

Indicative terms across the portfolio. Final rent, escalations, and deposits are set per property and tenant credit profile.

Asset type	Typical term	Rent structure	Security deposit
Class A Office	5–10 years	NNN	2 months base rent
Industrial / Distribution	5–15 years	NNN	1–2 months base rent
Retail	3–7 years	NNN + percentage rent	2–3 months base rent
Mixed-Use / Flex	3–5 years	Modified gross	2 months base rent

Sample commercial lease template

A representative multi-section lease covering premises, term, rent and escalations, security deposit, operating expenses, maintenance, insurance, assignment, and default remedies. Provided for reference only — have counsel review any executed agreement.

Download PDF

Questions about a specific lease or renewal? Call (814) 314-9849 or email support@edlonginvestingllc.com.