Agreements For Special Use Tenant Leases
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LA 761 Lease For Automobile Dealership With Right Of First Refusal And Right Of Purchase
This lease for an auto dealership contains a purchase option in favor of the tenant car dealer, in addition to a right of first refusal in the event the landlord decides to sell the property.
Number of Single Spaced Pages: 25
LA 1397 Percentage Rent Lease For Deluxe Cinema Complex In A Retail Complex
This lease is designed for a luxury movie theater located in a retail center. The tenant pays percentage rent, and is liable for its prorata share of operating costs in the center.
The form contains many provisions relating specifically to the cinema industry, including those in the percentage rent section defining "Box Office Receipts."
Number of Single Spaced Pages: 49
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
LA 705 Single Story Office Showroom Flex Building Lease In Multi-Tenant Distribution Park
This lease is for a tenant with an office showroom operation taking space in a distribution park.
The tenant is responsible for its pro-rata share of direct expenses for the park, but the landlord reserves the right to make an adjustment to the tenant's share if the tenant is using services "disproportionate" to the size of its premises.
Number of Single Spaced Pages: 26
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 1385 Pro-Tenant Lease For Supermarket In Shopping Center
This lease is for a supermarket taking space in a shopping center. The tenant's anchor status give it the leverage to negotiate an extremely pro-tenant lease.
Pro-tenant provisions include substantial tenant control over the development and operation of the center as it relates to the tenant's operation.
Number of Single Spaced Pages: 62
LA 1601 Percentage Rent Lease Of Hotel Previously Operated By Landlord To New Operator Tenant
This form is for the lease of a hotel formerly run by the landlord to a new operator tenant. The lease is a percentage rental lease, and all sales from the hotel operation, including room receipts and food and beverage receipts, among others, are included in the definition of gross sales.
The lease also contains a variety of operating covenants for the tenant.
Number of Single Spaced Pages: 20
LA 1433 Net Lease For "Gentleman's Club" With Liquor License
The following form is designed for a transaction in which the landlord leases a building to the operator of a gentleman's club with a liquor license.
Number of Single Spaced Pages: 20
LA 1503 Pro-Landlord Net Lease For Commissary Serving Multiple Unit Restaurant Company Tenant
The following form is designed for a commissary lease for a restaurant tenant with multiple outlets in the same market.
The lease contains a 27 page construction exhibit detailing the landlord's work for the premises, in addition to several other exhibits.
Number of Single Spaced Pages: 76
LA 1505 Short Form Pro-Tenant "As-Is" Net Manufacturing Lease For Entire Building
This lease is for a net lease to a manufacturing tenant who leases the entire premises (single tenant facility). The tenant takes the premises on an as-is basis, and is responsible for any needed tenant improvements.
The form is quite short and to the point, without the elaborate provisions often present in industrial single tenant leases.
Number of Single Spaced Pages: 7
LA 1693 Simple Pro-Tenant Storefront Lease With CPI Rent Adjustments Without Percentage Rent
This net lease is designed for a tenant leasing space in a retail storefront. No percentage rent is payable, but the minimum rent is adjusted periodically using the CPI.
The document is relatively pro-tenant in tone, and many of its provisions are short and sweet which tends to favor the tenant.
Number of Single Spaced Pages: 16
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
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
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