Rent out space to small businesses using this Louisiana Commercial Lease Agreement. Property owners in New Orleans, Shreveport, Baton Rouge, and throughout the state may use this rental contract for restaurants, office suites, warehouses, and other units.
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.