Indiana Commercial Lease: Types, Key Terms To Know, Costs
Quick Facts — Commercial Lease Lawyers
- Avg cost to draft a Commercial Lease: $910.00
- Avg cost to review a Commercial Lease: $700.00
- Lawyers available: 268 real estate lawyers
- Clients helped: 537 recent commercial lease projects
- Avg lawyer rating: 4.97 (91 reviews)
An Indiana commercial lease is a contract between a tenant and a landlord. The tenant can be an individual or a business entity. The main purpose of a commercial lease is to give the landlord the right to use the property for a specific period of time and to collect rent from the tenant during that time. The tenant is responsible for paying all expenses related to operating the business, including taxes and insurance, as well as any other costs that arise due to normal wear and tear on the property.
Different Types of Indiana Commercial Lease
There are two main types of commercial leases: gross and net.
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Gross Lease
A gross lease is a lease that only requires the tenant to pay for the space occupied. The landlord pays for all utilities, taxes, and maintenance costs. Gross leases are most common in office buildings where tenants expect to have access to shared amenities such as elevators, heating and air conditioning systems, and reception areas.
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Net Lease
A net lease is a type of commercial lease that allows the tenant to pay for the building’s operating expenses. A net lease is also referred to as a “triple net” lease because it requires the tenant to pay for all property taxes, insurance, maintenance and repair expenses, utilities and other costs associated with keeping the building up and running.
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Key Terms Related to Indiana Commercial Lease
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Security Deposit
A security deposit is a payment made by a tenant to the landlord as an assurance that the tenant will fulfill the terms of their lease. Security deposits are usually refundable, but sometimes they are not.
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Subleasing
Subleasing is an option available to tenants under a commercial lease in Indiana. It allows the tenant to rent out all or part of the leased premises to another party.
The sublease must be in writing and signed by both parties. The sublease must also be approved by the landlord, who may charge a fee for its approval. The landlord's reason for denying approval can't be arbitrary or discriminatory.
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Frequently Asked Questions
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Meet some of our Indiana Commercial Lease Lawyers
Jeff G.
Jeff has 25 years of commercial transactional experience within numerous industries, including finance/banking, telecommunications/utilities, insurance, and software. He is a recognized authority on contracts, software licensing and negotiation. Jeff earned his Juris Doctorate from Valparaiso University School of Law and his Masters in Business Administration from North Carolina State University and is licensed to practice law in North Carolina and Indiana.
"Jeff G. handled everything very professionally. He was quick to respond and asked all the questions he needed in order to complete my project! Amazing service and highly recommend."
Anna C.
I am a business attorney focused on practical, efficient contract drafting, review, and negotiation for healthcare organizations and growth-stage and established businesses. My work includes commercial agreements such as NDAs, MSAs/SOWs, leases, vendor and services agreements, SaaS, and employment and severance agreements. I partner closely with clients to identify key legal and business risks, deliver clear, business-minded redlines with concise issue summaries, and keep transactions moving. Clients value my responsive turnaround, judgment, and ability to balance risk with commercial objectives.
"Anna is always very responsive and on top of her projects. I have used her twice and will utilize her for future support."
March 29, 2024
Charles D.
I have practiced civil law for 13 years and have concentrated my practice serving the construction and real estate industries.
May 23, 2024
Marcia P.
Marcia is an experienced business litigation and transactional attorney providing general counsel to individuals and small businesses owners in transactions and business disputes. Marcia's law practice focuses primarily on commercial litigation and transactional law. She represents and defends individuals, partnerships, limited liability companies, corporations, and not-for-profit corporations in a variety of commercial and employment disputes including partnership disputes, shareholder disputes, member disputes, and contract disputes. Additionally, she advises clients on transactional matters including contract creation, review, and negotiation, real estate transactions, mergers and acquisitions, donations, corporate governance, municipal governance, policy formation, and various compliance issues.
September 10, 2024
Antonio P.
At Pishvai Law, Tony's attention to detail and deep community roots define his practice. A lifelong Fort Wayne native, Tony returned home after attending law school in Atlanta, Georgia, emphasizing his commitment to serving his community firsthand. As a solo practitioner, Tony offers a level of personalized service and dedication unmatched by larger firms. With a focus on tailored solutions and individualized attention, Tony ensures that each client receives the care they deserve. Whether you're facing a complex legal matter or seeking guidance, Tony is dedicated to providing the support and expertise you need to navigate your case with confidence.
April 13, 2025
Myekeal W.
Hi there! I have experience in a variety areas of law by virtue of my experience as assistant general counsel at a major university. I would be happy to help you with any project in which I’m qualified!
August 23, 2025
Alexander C.
I am a solo practitioner that runs my own legal practice. I am currently licensed in 16 states and I'm working to expand that reach.
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Browse Lawyers NowLawyer Reviews for Indiana Commercial Lease Projects
Review Commercial Lease for a Boutique Fitness Studio
"Zachary was amazingly quick with my review, and although he was very communicative, his comments were so clear and thorough that I didn't require a follow-up discussion. Also, the contracting party accepted his recommendations with no pushback. Thanks!"
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Commercial Lease Review – Small Business Tenant (Washington)
"Thank you!"
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Review Commercial Lease
"Jane was really helpful and professional throughout the process. Even though the deal did not go through, she stayed on top of communication with us and the other party’s attorney, ensuring everything remained organized and on track."
ContractsCounsel User
Commercial Lease Review
"very responsive , rapid turnaround and helpful insights . most importantly best price I found by a mile"
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Review Commercial Lease for a Boutique Fitness Studio
"I had a relatively quick and satisfactory experience with Zachary to review a commercial lease. I would recommend him to other projects."
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Real Estate
Commercial Lease
Florida
Need flat rate to do sub lease Kiosk at mall in Miami
Renting Kiosk as a sub leaser, need to verify contract and seeking a Flat rate.
Moss S.
I have been a commercial real estate attorney for over 30 years. I can review the agreement, and negotiate and draft any revisions. Considering it is in a mall, I am guessing that it is with a major retail landlord which would require review of the underlying lease. I can give you a flat rate once you request a proposal.
Real Estate
Commercial Lease
Ohio
How is the lease renewed at the end of the lease term?
I am a small business owner who recently signed a three-year commercial lease for my business. I am looking to understand the process of renewing the lease at the end of the three-year term. I am interested in learning more about the process, the timeline, and what I need to do to ensure that I can continue to operate my business at this location.
Paul S.
If your lease has a renewal option, then you renew by following that process, which involves giving notice during the specified time frame. If you did not include a renewal option in your lease, then you'll need to contact the landlord 6-12 months before the end of the term, and inform the landlord that you want to renew the lease. Then you'll have to negotiate the terms with the landlord.
Real Estate
Commercial Lease
Florida
What's the force majeure clause in a commercial lease?
I am a small business owner who is in the process of signing a commercial lease for my business. I am concerned about the implications of force majeure clauses in the lease and would like to understand them better. I have read through the clause, but am not sure if it covers all of the situations that may arise and if there are any additional considerations that I need to take into account. I would like to understand the full implications of the clause and any additional steps I should take to protect myself.
Moss S.
Force majeure is a provision that usually allows either party to delay completing an obligation in a lease. Force majeure is described as an act that is beyond the control of either party, such as a natural disaster, terrorism, or pandemic.
Commercial Real Estate
Commercial Lease
North Carolina
How is the rent determined in a commercial lease agreement?
I am a small business owner looking to rent a space for my business. I am currently in negotiations with the landlord of a commercial property and we are discussing the terms of the lease agreement. We have reached a point where we need to discuss the rent and how it will be determined. I need to understand more about how rent is determined in commercial leases so that I can negotiate a fair and reasonable agreement.
N'kia N.
In North Carolina, commercial rent is commonly calculated as a set dollar amount per square foot. This dollar amount is usually based on factors like location, age, condition, accessibility, and amenities. However, there is no requirement for rent to be determined this way. Unlike a residential lease agreement, the terms of a commercial lease agreement can be almost anything that the parties mutually agree to. As a word of caution, in North Carolina, commercial tenants do not have the same degree of legal protections as residential tenants. For just one example, a tenant who wishes to terminate a commercial lease early may be responsible for the entire remainder of the rent unless the lease agreement says otherwise.
Real Estate
Commercial Lease
Florida
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.
Moss S.
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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