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Agreements For Single Tenant Leases

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LA 219 Industrial Gross Lease For Single Tenant With Right Of First Offer

This gross industrial lease is designed for a transaction where the landlord leases the tenant an entire industrial building. The tenant has a right of first offer to lease space in an adjacent building to be developed by the landlord.

The tenant's use of the premises permitted in the lease is for general office, light manufacturing, and distribution.

Number of Single Spaced Pages: 34

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LA 1407 Single Tenant Lease For Manufacturer With Work Letter And Fixed Rent Renewal Options

This lease was designed for a manufacturing tenant occupying all of the space in a single industrial building. The tenant is entitled to two fixed rent renewal options.

This lease agreement also contains a work letter for improvement of the premises with a construction allowance provided by the landlord. Any construction costs in excess of the allowance are the responsibility of the tenant.

Number of Single Spaced Pages: 33

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LA 655 Leasing (Brokerage) Agreement For A Large Vacant Space In An Office Building

This document is designed for a transaction where a landlord engages a brokerage company to lease a large amount of vacant space in the landlord’s building.

The agreement is quite detailed, and specifies the activities the brokerage company must perform in its releasing efforts, and the agent's compensation for generating qualifying leases.

Number of Single Spaced Pages: 15

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LA 719: Triple Net Industrial Park Lease With Purchase Option For Single Tenant Building Partially Occupied By Prior Tenant For Part Of The Term

This triple net lease form is designed for a single tenant industrial park building leased to a single tenant with a third party tenant already in possession of part of the building. The landlord leases the entire facility to the new tenant who takes it subject to the existing third party lease.

When the lease to the other tenant expires, the new tenant will occupy the entire premises. Prior to the expiration of the existing lease, the landlord will rebate back the rent and common area expenses received from the first tenant to the new tenant. The lease gives the new tenant a right to purchase the premises, subject to stipulated terms and conditions.

Number of Single Spaced Pages: 46

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LA 1405 Simple "As-Is" Medical Office Lease For Single Tenant Doctor Group With Annual CPI Increases

This agreement is designed for a physician group that leases an entire building for use as a medical office. The space is leased on an "as-is" basis, and the rental is adjusted by the CPI every year.

The tenant is required to perform all repairs necessary for the premises, except for repairs to the roof and structural elements of the building, which will be performed by the landlord.

Number of Single Spaced Pages: 15

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LA 885 Lease Of An Entire Office Building For A Radiology Clinic

This agreement is designed for the lease of an entire office building to the tenant for the operation of a radiology clinic.

The rent is adjusted by the CPI under the lease, and the lease is a net lease (with the tenant responsible for all costs related to the building except for the cost of structural repairs). The premises are leased on an "as-is" basis.

Number of Single Spaced Pages: 21

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LA 1201 Net Lease Of Entire Medical Office Building To Single Tenant

This agreement is designed to lease a medical office building facility to a single tenant for its operation as a medical center.

The lease is net in character, and grants the tenant five renewal options at fair market rentals for the premises.

Number of Single Spaced Pages: 45

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LA 1403 Build To Suit Net Lease For Single Tenant Office Building

This form is designed for a build to suit net office lease for a single tenant. The size of this particular building is specified in square footage, and in the number of parking spaces serving the building.

The lease agreement contains extensive language concerning the construction of the premises by the landlord. The document also contains a provision granting the tenant a moving allowance for move-in.

Number of Single Spaced Pages: 33

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LA 301 The Pro-Tenant Suburban Office Lease For The Large Single User

This office lease is designed for a large single tenant that leases an entire building. The lease is pro-tenant in orientation, reflecting the tenant's considerable negotiating leverage.

The tenant is responsible for all real estate taxes for the property, and for all maintenance for the premises which includes both the interior and structural elements of the building, as well as the exterior parking and landscaped areas. The rent is fixed for the initial ten year term, but goes to fair market value rent if the tenant decides to exercise one or both of its two five year renewal options.

Number of Single Spaced Pages: 15

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LA 211 The Triple Net Single User Suburban Office Lease

This lease is designed for a suburban office lease where the tenant is responsible for all taxes, insurance and operating costs, except for those expenses specifically enumerated in the lease.

Number of Single Spaced Pages: 33

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LA 717 Lease Of Office Building To Single Tenant With Use Of Underground Parking Garage

This office lease is designed for a large single tenant who leases an entire building, except for a small area reserved by the landlord. The tenant also has the right to use the underground parking garage associated with the building.

The rent for the initial term is based upon the amount of rentable square footage in the premises. The lease contains fair market rental options to renew in favor of the tenant. The tenant also has a right of first offer on adjacent space if the landlord decides to construct it on an adjacent parcel.

Number of Single Spaced Pages: 60

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LA 205 Net Single Tenant Pro-Landlord Data, Colocation And Switching Center Lease

This pro-landlord net lease is designed for a single tenant facility to be built for a telecommunications tenant operating a colocation and switching facility. The premises will be constructed by the landlord, and the tenant will receive a construction allowance to pay for a portion of the improvements.

The tenant has the benefit of renewal options and a right of first offer to purchase the premises if the landlord decides it wants to sell the building. Exhibits included: Rules and Regulations, Guaranty, Memorandum of Lease, Letter of Credit Form.

Number of Single Spaced Pages: 57

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LA 1551 Pro-Landlord Single Tenant Warehouse Lease With Rent Free Period And Expansion Option For Adjacent Land And Building

This is a net warehouse lease for a large single tenant warehouse and distribution operation. The tenant has renewal options as well as the option to expand to adjacent land and a new building to be constructed by the landlord if the tenant exercises the expansion option.

Exhibits included: Work Letter, Commencement Date Acknowledgment, Delivery Date Acknowledgment.

Number of Single Spaced Pages: 60

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LA 1409 Triple Net Build To Suit Lease With Annual Stepped Up Rent Based On Total Construction Costs And Warrants Payable To Landlord As Additional Rent

The following triple net lease form is designed for a single tenant build to suit transaction, where the landlord builds the entire premises for the tenant.

The rent payable by the tenant is pegged to the total construction cost of the project, and it is then stepped up annually on a percentage basis.  The landlord also receives warrants from the tenant as additional rent.

Number of Single Spaced Pages: 46

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LA 1695 NNN Lease For Single Tenant Research & Development Lease With Extensive Pro-Tenant Modifications

This agreement is for a transaction where a well represented tenant leases an entire building for research and development uses. The tenant has negotiated pro-tenant modifications to nearly every section of the lease, which started out as a pro-landlord form.

All one need do to spot the pro-tenant provisions is look for the words "notwithstanding the foregoing..." Exhibits included: Tenant Improvement Specifications.

Number of Single Spaced Pages: 36

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LA 1231 Single Tenant Triple Net Lease For Large Distribution Tenant With Office And Warehouse Space

This is a net lease agreement for a large single tenant distribution operation that requires both office and warehouse components. The premises are to be constructed by the landlord, partly with the tenant's construction allowance.

This is a comprehensive form with numerous exhibits, including the work letter, notice specifying the tenant's lease commencement and termination dates, estoppel certificate, rules and regulations, and tenant environmental questionnaire concerning its proposed use of the premises.

Number of Single Spaced Pages: 70

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LA 617 Single Tenant Research And Development Lease

This research and development lease is designed for a single tenant with considerable leverage.

Number of Single Spaced Pages: 24

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LA 223 Build To Suit Lease For Large Distribution Facility For Single Tenant

This form is designed for a build to suit major warehouse and distribution facility. The agreement contemplates a subsequent expansion of the facility after the initial improvements are completed.

Lengthy provisions detail understandings regarding the letter of credit to be posted by the tenant, and the process by which the improvements will be constructed on the land. Renewal options give the tenant the right to extend the initial term of the lease.

Number of Single Spaced Pages: 64

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