This Connecticut Commercial Lease Agreement is extremely versatile for leasing commercial real estate to innumerable business types such as restaurants, hair salons, office suites, and warehouse space. Whether your tenant is manufacturing or managing, this agreement can fulfill your needs to help protect your investment property. Each agreement comes with the ability for you to choose one of the following expense options for calculating the tenant’s financial responsibility:
Modified Gross – In addition to the rent, the Tenant shall be responsible for the specific additional expenses that are agreed upon and itemized in the lease.
Triple Net (NNN) – In addition to the rent, the Tenant agrees to pay for their share of the operating expenses of the entire building (as well as the taxes and insurance). This is typically calculated by determining the Tenant’s percentage of the total building area square footage.
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