Rent out office, industrial and retail space to small business owners with this Hawaii Commercial Lease Agreement. Terms and conditions can be negotiated including how rent is to be calculated, how the premises are to be used and what improvements or build-out allowance will be offered.
Modified Gross – The tenant is responsible for specific additional expenses (aside from the base rent amount) that are added in the lease.
Triple Net (NNN) – The tenant must pay their base rent and for their share of the operating expenses of the entire building which usually includes utilities, real estate taxes, insurance, charges, or other expenses in connection with the ownership and operation of the premises. The expenses are typically calculated by determining the tenant’s percentage of the total building area square footage.
Hawaii Commercial Laws
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