Warehouse lease template (US)

Warehouse Lease

This Warehouse Lease is made on Lease Date between Landlord Name, at Landlord Address ("Landlord"), and Tenant Name, a Tenant Entity Type and State, at Tenant Address ("Tenant").

1. Premises

Landlord leases to Tenant the warehouse at Premises Address, with about Square Feet square feet, Number of Dock Doors dock doors and Parking or Yard Rights (the "Premises").

2. Term

The term starts on Commencement Date and ends on Expiration Date.

3. Rent

Tenant will pay base rent of $Monthly Base Rent per month, in advance, on the first day of each month, to Payment Method and Address. Base rent will increase by Annual Increase each year. Rent not received within Grace Days days of the due date carries a late charge of Late Charge, to the extent the law allows.

4. Operating Costs

This is a Gross, Modified Gross or Triple Net lease. Tenant will pay Tenant's Share Percentage% of real estate taxes, insurance and common area costs, as estimated monthly and reconciled each year, as follows: Operating Cost Details.

5. Security Deposit

Tenant has paid a security deposit of $Security Deposit, which Landlord may apply to any default and will return, less proper deductions, within Deposit Return Days days after the lease ends.

6. Use

Tenant will use the Premises only for Permitted Use, such as storage and distribution of general merchandise. Tenant will not store hazardous materials except in small amounts used in ordinary business and handled as environmental laws require. Floor loads will not exceed Floor Load Limit.

7. Fire Safety and Compliance

Tenant will follow all fire codes and the requirements of the local fire marshal and insurers, including rack permits, sprinkler clearances and clear aisles. Tenant will keep exits and fire equipment clear and comply with OSHA rules for its own operations. The fire sprinkler and alarm systems will be maintained by: Who Maintains Fire Systems.

8. Maintenance and Repairs

Landlord will maintain the roof, structure and Other Landlord Items. Tenant will maintain the interior, dock doors and levelers, and Other Tenant Items, and repair any damage it causes.

9. Alterations and Signs

Tenant will not make alterations or install racking or signs without Landlord's written consent, which will not be unreasonably withheld.

10. Insurance and Indemnity

Tenant will carry commercial general liability insurance of at least $Liability Insurance Amount per occurrence, naming Landlord as an additional insured, and property insurance on its goods. Each party will indemnify the other for claims caused by its own negligence.

11. Assignment and Subletting

Tenant may not assign this Lease or sublet any part of the Premises without Landlord's written consent.

12. Default

If Tenant fails to pay rent within Rent Cure Days days after written notice, or fails to cure another breach within Other Cure Days days after written notice, Landlord may end this Lease and pursue the remedies state law allows, through the courts.

13. End of Term

Tenant will return the Premises broom clean and in good repair, except normal wear and tear, and remove its property and racking. If Tenant stays without consent, rent will be Holdover Rent Percentage% of the last base rent.

General Terms

Governing law. This Lease is governed by the laws of the State of Governing State, without regard to its conflict of laws rules. Any lawsuit will be brought in the state or federal courts located in Venue County and State.

Entire agreement. This Lease is the parties' complete agreement on its subject and replaces all earlier discussions. It may be changed only in a writing signed by both parties.

Severability. If a court finds any part of this Lease unenforceable, that part will be enforced to the extent the law allows, and the rest stays in effect.

Assignment. Neither party may assign this Lease without the other's written consent, except to a successor to its whole business.

Notices. Notices must be in writing and sent to the addresses above by personal delivery, certified mail or a nationally recognized courier.

Counterparts and e-signatures. This Lease may be signed in counterparts and by electronic signature, which has the same effect as an original.

| Landlord | Tenant |

| --- | --- |

| Signature: Landlord Signature | Signature: Tenant Signature |

| Name: Landlord Printed Name | Name: Tenant Printed Name |

| Date: Landlord Signing Date | Date: Tenant Signing Date |