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Arkansas Lease Agreements

State Leases
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LA AR105: Simple Pro-Tenant Arkansas Lease For Office, Industrial, Or Retail Commercial Property

This form is for a single tenant Arkansas lease where the tenant has superior leverage. It gives the tenant the right to use the premises for "any legal use," and has very abbreviated remedies for the landlord in the event of a tenant default. It is also pro-tenant in character because of the clauses it does not contain which customarily appear in pro-landlord forms relating to remedies and a variety of other pro-landlord provisions.

Number of Single Spaced Pages: 17

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LA AR105: Simple Pro-Tenant Arkansas Lease For Office, Industrial, Or Retail Commercial Property

 

Arkansas Commercial Real Estate Leasing

Arkansas became the 25th US State in 1836. The state borders the Mississippi river on the east and is filled with notable geographic features like the Ozark and Ouachita mountain ranges in the north and west and thick forests & plains in the south east, referred to as the lowlands. The land along the Mississippi is referred to as the Delta of Arkansas.

Arkansas has a strong traditional agricultural economy of poultry, eggs, soybeans, cattle, cotton and rice. This is bolstered by an industrial sector including food processing, electric equipment, fabrication of metal, machinery and paper products.

The majority of commercial real estate leases in Arkansas relate to office buildings, shopping centers, industrial properties, and other commercial real estate located in major cities in Arkansas, which include:

  • Little Rock
  • Fayetteville
  • Conway
  • Jonesboro, and
  • Fort Smith