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Parking Lease Agreements |
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LA 621 Nonexclusive Parking Rights Addendum To Office Lease This lease addendum is designed to be an attachment to an office lease. It provides nonexclusive parking rights to the tenant, while giving the landlord broad flexibility to change the nature of parking arrangements for the property. Number of Single Spaced Pages: 6 LA 1351 Lease For 150 Parking Spaces This lease for 150 parking spaces is designed for a situation where a landlord owns property adjacent to an office building, and the tenant who occupies all or part of the office property desires to lease additional parking spaces for its employees. Number of Pages: 10 LA 1365 Parking Lot Lease With Tenant Option To Purchase This parking lot lease provides additional parking for the tenant's employees, and includes a tenant right to purchase the leased property pursuant to specified terms and conditions. In the event the tenant exercises the purchase option, one half of the rent previously paid is credited against the purchase price. Number of Single Spaced Pages: 13 LA 1411 Simple Management Agreement Between Owner And Independent Contractor Manager For Operation Of Adjacent Parking Garage This form is designed for a transaction in which the landlord's parking structure (or multiple parking facilities) is managed by an independent contractor operator, who receives a percentage of the gross parking receipts from the operation. In this case, the parking garage is adjacent to an office building owned by the landlord, and is primarily for the benefit of office building tenants. The landlord also reimburses the contractor manager for the contractor's out of pocket costs in managing the garage. Number of Single Spaced Pages: 9 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 LA 1379 Lease For Supplemental Parking On Adjacent Parcel Required By Tenant Expansion This parking lease is designed to give an expanding tenant additional parking on property adjacent to the premises. Number of Single Spaced Pages: 11 LA 1371 The Pro-Landlord Percentage Rent Parking Structure Lease This lease agreement is designed for a transaction in which the landlord leases a parking structure to an operator, and receives minimum and percentage rent from the operator tenant. Number of Double Spaced Pages: 27 LA 711 Entire Underground Parking Lease to Tenant For Its Employees This lease agreement is designed for a transaction in which the landlord leases an entire underground parking garage (plus adjacent surface parking) to a tenant that has leased all or substantially all of the office space in an adjacent building owned by the landlord. The rent for the garage is calculated by multiplying the number of parking spaces in the garage by a per space rate set by the landlord when the lease is signed. The landlord has the right to adjust the per space rate once each year. Number of Single Spaced Pages: 21 LA 129 Pro-Owner License Agreement For Parking Lot With Percentage Rent Payable By Operator LicenseeLA 129 Pro-Owner License Agreement For Parking Lot With Percentage Rent Payable By Operator Licensee This is a license agreement whereby a property owner licenses the property to a parking lot operator who manages the parking lot operation. The licensee pays the owner (licensor) fixed and percentage rent. Number of Single Spaced Pages: 15 LA 699 Detailed Management Agreement For Onsite Management Of Class A Office Building And Parking Garage This is a license agreement whereby a property owner licenses the property to a parking lot operator who manages the parking lot operation. The licensee pays the owner (licensor) fixed and percentage rent. Number of Single Spaced Pages: 15 |
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