| name | retail-lease-agreement |
| title | Retail Lease Agreement |
| description | Drafts a U.S. retail lease agreement for shopping center or commercial property tenancies, covering base rent, percentage rent with gross sales definitions, CAM charges, continuous operation obligations, tenant improvement allowances, exclusive use clauses, radius restrictions, and default/remedies provisions. Use when drafting or negotiating retail leases, shopping center leases, or commercial storefront tenancy agreements. Trigger keywords: retail lease, shopping center lease, percentage rent, CAM charges, gross sales, exclusive use, radius restriction, tenant improvement allowance, triple net. |
| author | CaseMark |
| author_url | https://github.com/CaseMark/skills/tree/main/skills/legal/retail-lease-agreement |
| license | Apache-2.0 |
| version | 0.1.0 |
| execution_mode | open |
| jurisdiction | us |
| practice | real-estate |
| language | en |
| tags | ["agreement","drafting","transactional"] |
Retail Lease Agreement
Drafts a balanced retail lease for shopping center or commercial property tenancies covering financial, operational, and protective provisions for both landlord and tenant.
Prerequisites
- Party information — legal names, entity types, notice addresses for Landlord and Tenant
- Premises description — unit number, address, center name, square footage (usable vs. GLA)
- Lease term — commencement trigger (execution / delivery / opening), expiration, free-rent periods
- Rent structure — base rent, escalation type, percentage rent rate and breakpoint
- Tenant improvements — delivery condition, TI allowance amount, construction timeline
- Negotiated deal points — exclusive use scope, radius restriction distance, CAM cap, merchants' association
Output Structure
Draft sections in order. Populate from deal terms only — do not invent figures.
1. Parties & Premises
- Legal names, entity type, notice addresses
- Premises: unit, address, center name, SF basis (usable / GLA), included common areas
2. Lease Term & Commencement
- Start trigger, expiration date
- Rent abatement (within term or extends term — specify)
- Landlord delivery deadline; Tenant opening deadline
3. Base Rent & Escalations
| Period | Annual Rent | Monthly Rent | Escalation Basis |
|---|
| Year 1 | [_] | [_] | Fixed |
| Year 2+ | [_] | [_] | Fixed % / CPI / FMV reset |
Payment: due 1st of month; remittance address/account; late fee and grace period.
4. Percentage Rent
- Rate: __% of Gross Sales
- Natural breakpoint = Base Rent ÷ Rate (or negotiated fixed breakpoint — specify which)
- Calculation period: monthly / quarterly / annual
- Reporting: within __ days after each period; annual certified statement
- Landlord audit rights: __ days notice; Tenant maintains records __ years
Gross Sales — Include: all revenues from business in/on/from Premises (cash, credit, layaway, online orders fulfilled from Premises, gift card redemptions, vending/kiosk)
Gross Sales — Exclude: returns/refunds, sales tax remitted, employee discounts (cap __%), insurance proceeds for damaged/stolen goods, fixture/equipment sales not in ordinary course
