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Convenience Store, Gasoline Filling Station, Travel Center and Truck Stop Leases |
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LA 1437 Net Pro-Tenant Truck Stop Lease Including FF&E With Landlord Renovation Allowance This lease form is designed for a transaction in which the landlord leases a truck stop facility to a tenant/operator. The lease includes the real estate as well as furniture, fixtures and equipment. The landlord also provides a renovation allowance for the tenant for this gasoline filling station operation. Number of Single Spaced Pages: 28 LA 1603 Pro-Landlord Lease For Existing Convenience Store And Gasoline Filling Station In “As-Is” Condition With Capped CPI Rent Increases This lease is designed for a convenience store and/or a gasoline filling station (gas station). It is a very pro-landlord lease in orientation. The rent is increased by the CPI, subject to annual minimums and maximums. The tenant takes the premises in "as-is" physical condition. Number of Single Spaced Pages: 27 LA 905 Pro-Owner Gas Station And Fuel Maintenance Operating Agreement By Nontenant Contractor This document gives an independent contractor the right to operate a gas station facility owned by a gas station retailer. The contractor occupies and runs the station under a license agreement, rather than a lease. The contractor is compensated by receiving a "cents per gallon" commission calculated upon fuel actually sold at the location, and may also receive cash bonuses relating to maintaining certain hours of operation, appearance standards, and customer greeting practices. The contractor must comply with refiner rules and policies and other operating requirements specified in the form. This document is very pro-owner in orientation. Number of Single Spaced Pages: 14 LA 1545 Pro-Tenant Ground Lease For Convenience Store And Gasoline Filling Station This lease is designed for a convenience store and/or a gasoline filling station. It is very pro-tenant in tone. For example, the use clause permits the tenant to use the premises for any lawful use, and the assignment and sublease article permits the tenant to assign the lease or sublease the premises without the landlord's consent. Number of Single Spaced Pages: 23 LA 1447 Pro-Landlord Master Ground Lease For Multiple Gasoline Filling Stations On Big Box Retailer Properties This form is designed for a transaction in which the landlord ground leases multiple sites to a filling station operator/tenant pursuant to a master lease agreement. The locations are adjacent to (i.e., are in the parking lots of) landlord's big box or "supercenter" retail operations. Number of Single Spaced Pages: 33 LA 723 Pro-Tenant Convenience Store And Gasoline Filling Station Lease With Right Of First Refusal And Purchase And Renewal Options This pro-tenant form is for the lease of a convenience store and gasoline filling station to the tenant. The form grants the tenant a right of first refusal to purchase the property in the event the landlord receives an offer from a third party and wishes to sell during the term. The form also includes renewal options and a separate option to purchase the property in favor of the tenant. Number of Single Spaced Pages: 27 LA745: Pro-Tenant Lease For Food Mart Convenience Store Selling Gasoline (With Right To Go Dark, No Competition Clause, Right Of First Refusal, Right Of Substitution And Other Pro-Tenant Features) This lease has been drafted for the tenant operating a food mart convenience store outlet that also sells gasoline. The form contains extensive verbiage dealing with environmental liability relating to the storage and sale of gasoline and with the tenant's petroleum equipment. The form also contains numerous pro-tenant features, including several renewal options, the right to "go dark" (i.e., cease operations with continued payment of rent), a "no competition" clause restricting the landlord's right to lease property to another convenience store within one mile of the premises, a right of first refusal to purchase the premises in the event of a third party offer during the lease term, and a tenant right of substitution which gives the tenant the right to request a new location from the landlord after the beginning of the fifth year of the term. Number of Single Spaced Pages: 40 LA 1621 Truck Stop Furniture And Equipment Lease Drafted To Accompany Separate Coterminous Truck Stop Real Estate Lease This furniture and equipment lease agreement pertains to furniture and equipment for a truck stop. It gives the operator of the truck stop (the lessee) the right to use those personal property components in the truck stop business. This furniture and equipment lease is designed to accompany a separate coterminous lease of the truck stop real estate held by an affilliate of the equipment lessor. The lease contains exhibits for a rent schedule for the rent payable for the furniture and equipment, the legal description of the property, a schedule of equipment liens, and a schedule for applicable equipment warranties. During the term of the lease, the lessee must maintain insurance and pay all taxes on the furniture and equipment covered by the lease. Number of Single Spaced Pages: 16 LA 1369 Master Lease Of Multiple Leased And Owned Gas Station Travel Centers To Operator Tenant This form is designed for a transaction in which the landlord leases multiple travel center sites to a filling station operator/tenant pursuant to a master lease agreement. The locations are include both travel centers owned outright by the landlord and as well as properties leased by the landlord from other third party owners. This comprehensive lease sets a minimum aggregate rent for all properties, and percentage rent is computed on sales in excess of base year sales. The lease also obligates the tenant to pay all real estate taxes, utilities, and insurance costs for the travel center locations during the term of the lease. Number of Single Spaced Pages: 58 Related Discount Power Pack See DPP24: Convenience Store, Gasoline Filling Station and Truck Stop Leases |
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