North Carolina Commercial Lease Agreement Template

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The North Carolina commercial lease agreement enables a property owner to lease their space to an office, retail, or industrial business tenant. The agreement outlines the conditions which determine the landlord-tenant relationship, such as the contract term, rent payments, utilities, property maintenance, parking, and if a security deposit will be collected. Once the parties agree to the rental terms, they should sign the contract to create a legally binding tenancy.

Commercial leases may be paid for in one of the following three (3) ways:

  • Gross – Requires the landlord to pay for all of the costs related to the property.
  • Modified Gross – Splits the various property costs between the landlord and tenant.
  • Triple Net (NNN) – Requires the tenant to pay for all of the costs associated with the property, while also managing to pay the monthly rent.

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