Texas Commercial Triple Net Lease Agreement

Lease office, retail or other business premises to a tenant with this Texas Commercial Triple Net Lease Agreement.

  • A triple net lease means that the lessee covers all costs and expenses to do with the premises including structural repairs.
  • The lessee has an option to renew the lease for an additional term.
  • The lessee will pay all expenses, taxes, levies, and charges with respect to the premises, all utilities and services, and operating expenses for its business.
  • The lessee is responsible for carrying fire, extended coverage, and liability insurance.
  • The lessee is responsible for all alterations, improvements, maintenance and repairs.
  • Provisions for abatement of rent or termination of the lease the event of damage, destruction, or condemnation of the building.
  • The lessee agrees to sign a subordination agreement or other documents necessary to subordinate the lease to a mortgage or other charge, if required by the lessor.
  • Optional clause for percentage rent to be paid in addition to the base rent, if applicable.
  • This legal form is available as a downloadable MS Word template.
  • Intended for use only in the State of Texas.
Document Type: Microsoft Word
Last Updated: 23-May-2021
SKU: 5827
$29.99