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Commercial Sublease Agreement

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sublease agreement 

Commercial Sublease Agreement

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Summary: Use this Commercial Sublease Agreement to formalize any sublease agreement arrangement between an existing tenant of leased commercial real estate and sub-lessee. This sublease agreement can be used for all types of leased commercial property including retail, office, warehouse, etc. and details all terms and conditions related to lease payments, leasehold improvements, landlord consent and much more. A truly professional sublease agreement.

 

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COMPANY NAME

COMMERCIAL SUBLEASE AGREEMENT

This Sublease is made and entered into this _______ day of ___________, by and between __________ ("Tenant"), and   ________________________________ ("Subtenant").

A. Tenant is the lessor of real property situated in the City and County of _____, State of ________, described as ___________________________________________________

B. Tenant desires to sublease a portion of said Property to Subtenant, and Subtenant desires to lease the Property from Tenant, upon the following TERMS and CONDITIONS:

NOW, THEREFORE, for and in consideration of the mutual promises, terms and conditions set forth below, the parties agree as follows:

(1) Premises. XXXX Market Street _____________________, consisting of approximately ________ square feet.

(2) Rental Period - The Rental Period will be for _______ beginning on ________________________ and ending on __________________________. The Rental Agreement will continue on a month to month basis thereafter. If the Subtenant for any reason should desire to discontinue these rental arrangements, the Subtenant shall provide 30 days written notice of Rental Termination. Tenant may terminate this Rental arrangement at any time by serving the Subtenant with 30 days written notice to vacate.

(3) Rent. The rent shall be ____________________________________ per month. The rent shall be paid in advance on or before the first day of each month during the term of this Lease and shall be deemed late if not received by the Tenant by the third (3rd) day of the month for which that month's rent is due. All rental payments shall be made to the Tenant at XXX Market Street, City, State, Zip. Tenant grants Subtenant quiet possession of the Property subject to the terms of this Lease.

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