SAMPLE REPORT — FOR DEMONSTRATION PURPOSES ONLY
Fictional commercial lease abstraction report for Synthetic Global Logistics, Inc.—prepared to demonstrate how LeaseGuardPro extracts and organizes key commercial lease information.
Download Sample Lease
This fictional sample is provided only to demonstrate the type of information LeaseGuardPro may organize. It is not legal advice and is not based on an actual lease.
Lease Snapshot
Lease type
Absolute Triple Net (NNN) commercial lease
Property type
Commercial office — 8,245 RSF
Tenant
Synthetic Global Logistics, Inc. (fictional)
Landlord
Vanguard Extravaganza Properties, L.P. (fictional)
Address
Suite 750, 1900 Financial Plaza Drive, Los Angeles, California
Lease term
84 months; begins October 1, 2026
Renewal options
One 5-year option; 95% of fair market rent, subject to floor
Lease Score
74/100
Moderate Risk
This fictional Absolute Triple Net lease places substantial operating-expense and premises-maintenance responsibilities on the tenant. The tenant pays a 12.4% share of Operating Expenses, Taxes, and Insurance; Base Rent increases by 3% or CPI, whichever is greater. A 5% cap applies to controllable CAM expenses but has significant exclusions, and the tenant has dedicated HVAC obligations. Review the early-termination conditions and fee, assignment consent and review fee, late charges, default interest, and 200% holdover rent.
HVAC
Tenant: exclusive units; quarterly maintenance contract
Structural components
Landlord
Plumbing
Tenant: fixtures/branch lines; Landlord: mains
Interior lighting
Tenant
Interior finishes
Tenant: flooring, non-structural ceilings, drywall, paint, interior doors/glass
Exterior doors/windows
Landlord: windows, frames, exterior/common doors
Exterior/common lighting
Landlord; permitted costs in Operating Expenses
Elevators/loading dock
Landlord
Trash/recycling
Landlord; permitted costs in Operating Expenses
Storm drainage
Landlord
CAM / Operating Expenses
$70,082.50 first year; 15% admin/management fee
Tenant pro rata share
12.4% of Operating Expenses, Taxes, and Insurance
Controllable CAM cap
5% annually, non-cumulative; exclusions apply
Security deposit
$86,572.50 — three months of Base Rent
HVAC / capital costs
$125/hour per zone; capital improvements may include 8% interest
Guaranty
No individual, corporate, or personal guaranty required
Assignment & subletting
Prior written consent; $2,500 non-refundable review fee
Late fees & interest
10% after 3 days; 18% annually or legal maximum
Early termination
Available September 30, 2031; notice by September 30, 2030; fee and conditions apply
Rent escalation
3% or CPI, whichever is greater
Holdover rent
200% of final-month Base Rent
Purchase rights
Option to purchase and right of first refusal; confirm deadlines and conditions
Exclusive-use rights
Limited protection for freight-forwarding/logistics-coordination office use
Biggest financial risks
CAM exposure remains significant despite the 5% cap on controllable expenses because several categories are excluded. Dedicated HVAC maintenance obligations, permitted capital-improvement amortization, and other Operating Expense pass-throughs may increase occupancy costs above Base Rent.
Clauses worth negotiating
Consider narrowing exclusions from the CAM cap, limiting permitted capital-improvement pass-throughs, clarifying HVAC cost responsibility, and negotiating objective consent standards for assignment or subletting.
Can you provide three years of CAM reconciliations? Which capital costs are excluded from pass-throughs? Will the HVAC obligation be limited to routine maintenance of the units exclusively serving the Premises? Can the exclusions from the 5% controllable CAM cap be narrowed or more precisely defined? What objective standard would apply to a future assignment or sublease request?
Recommended next action
Use the items above to prepare a short landlord comment letter before signing. For a real lease, consult qualified legal and financial advisors.
Fictional source references: §3.5 Capital Improvements — permitted capital improvements intended to reduce operating costs or required by governmental regulations may be amortized over their useful life plus 8% annual interest. §3.6 CAM Cap — controllable Operating Expenses are capped at 5% annually on a non-cumulative basis, subject to specified exclusions. §5.2 HVAC Service Contract — Tenant is responsible for maintaining HVAC units exclusively serving the Premises under a preventative maintenance contract requiring quarterly inspections and filter replacements. §§7.1–7.2 Assignment & Subletting — Landlord’s prior written consent is required and a $2,500 non-refundable review fee applies. §8.1 Audit Rights — Tenant may audit Landlord’s CAM records once per calendar year at Tenant’s own expense.