1. PARTIESThis Lease Agreement (“Lease”) made and entered into this _____ day of ________, 20_____, by and between _________________________________________________________________________, with its principal office located at _______________, _______________, _______________, _______________ (hereinafter “Lessor”), and _________________________________________________________________________, with its principal office located at _______________, _______________, _______________, _______________ (hereinafter “Lessee”).
2. PREMISESLessor leases to Lessee and Lessee rents from Lessor the premises located at _________________________________________________________________________ (the “Premises”). The Premises will be used for the purpose of operating a gas station or as otherwise allowed under applicable zoning ordinances.
3. TERMThe initial term of this Lease begins on _______________, and will continue for a period of __________, unless it is extended or terminated earlier in accordance with the terms of this Lease.
4. RENTThe monthly rent for the Premises is _______________ dollars ($__________). The first month’s rent is due and payable upon Lessee’s execution of this Lease. Thereafter, the monthly rent will be due and payable on the first day of each calendar month.
5. SECURITY DEPOSITUpon the execution of this Lease, Lessee will deposit with Lessor the sum of _______________ dollars ($__________) as security for Lessee’s faithful performance of its obligations under this Lease.
6. USE OF PREMISESThe Premises may be used for any lawful purpose, including but not limited to a gas station, convenience store, or other commercial use, provided that such use is in compliance with all applicable laws and regulations.
7. MAINTENANCE AND REPAIRSLessee will keep the Premises, including all landscaping, fixtures, and personal property therein, in good order, condition and repair.
8. INSURANCELessee shall maintain a policy or policies of comprehensive liability insurance with minimum limits of liability per occurrence of not less than _______________ dollars ($__________).
9. COMPLIANCE WITH LAWLessee will comply with all laws, rules, ordinances, statutes, orders, and regulations of any governmental authority.
10. DEFAULTIf Lessee fails to comply with any of the material provisions of this Lease or of any present rules and regulations governing the Premises, Lessor may terminate this Lease upon providing written notice to Lessee.
11. ASSIGNMENT AND SUBLETTINGLessee shall not assign this Lease, or sublet or grant any concession or license to use the Premises or any part thereof without Lessor’s prior written consent.
12. INDEMNIFICATIONLessee will indemnify and hold Lessor harmless from any and all claims, damages, expenses, and liabilities arising out of the use of the Premises by Lessee.
13. ENTIRE AGREEMENTThis Lease contains the complete agreement between Lessor and Lessee and cannot be changed or terminated except by a written instrument signed by both Lessor and Lessee.
14. GOVERNING LAWThis Lease will be governed by and construed in accordance with the laws of the state of _______________.
SIGNATURESLessor: __________________________ Date: __________
Lessee: __________________________ Date: __________ Please note: This is a basic lease agreement and does not cover all legal requirements for your jurisdiction. You should consult with an attorney before using this agreement. This agreement might not be suitable for your circumstances.
Other Useful ContractsIn addition to the gas station lease agreement, you may also find the warehouse lease agreement template useful. This template is designed for leasing or renting out a warehouse or storage space, which often goes hand-in-hand with gas stations as they often require storage for additional stock and equipment.
On the other hand, if you’re diversifying your businesses and considering branching out to the food industry, the restaurant lease agreement template would be a valuable resource. This particular template covers all the essentials of a commercial lease with specifications tailored to the unique needs of restaurant premises.
Also noteworthy is the commercial real estate purchase agreement template. If you are thinking about buying a new property for expanding your gas station chain or for a different commercial purpose altogether, this template offers a robust structure for such transactions.
Lastly, don’t miss out on the parking space lease agreement template if your gas station also has an adjoining parking lot. This comprehensive template will simplify leasing parking spaces and ensure all aspects are comprehensively covered.