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Home Q&A Forum How long is a typical commercial lease agreement?

Real Estate

Commercial Lease

Florida

Asked on Apr 13, 2023

How long is a typical commercial lease agreement?

I am a small business owner looking to expand my operations, and I am considering leasing a commercial space. I understand that commercial lease agreements vary in length, but I am unsure how long the typical agreement is. I would like to know this information so I can better plan for my business needs and budget.

1 Attorney answer

Answer

Real Estate

Florida

Answered 445 days ago

Moss S.

ContractsCounsel verified

Business Lawyer
Licensed in Florida, Massachusetts, Rhode Island
Free Consultation

The term of a commercial lease typically is no less than 3 years, and could be either 5 or 10 years. Both the Landlord and Tenant usually like long term leases.

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