Wisconsin warehouse lease agreement template

Wisconsin Warehouse Lease Agreement

This Warehouse Lease Agreement (the "Agreement") is made and entered into as of [Date], by and between [Landlord Legal Name], whose address is [Landlord Address] ("Landlord"), and [Tenant Legal Name], whose address is [Tenant Address] ("Tenant").

Premises:

Option A: Landlord hereby leases to Tenant, and Tenant hereby leases from Landlord, that certain warehouse premises (the "Premises") located at [Property Address], with parcel number [Parcel Number], specifically identified as [Building Identification], containing approximately [Total Square Footage] square feet.

Option B: The Premises also includes a storage yard located at [Storage Yard Location], as depicted on Exhibit A, attached hereto and incorporated herein.

The Premises includes [Number] bay/door locations, specifically identified as [Bay/Door Locations]. The loading dock details are as follows: [Loading Dock Details].

Ceiling height is [Ceiling Height] feet. Column spacing is [Column Spacing]. Clear height is [Clear Height] feet. Floor load capacity is [Floor Load Capacity] pounds per square foot. The floor type and finish is [Floor Type and Finish].

The Premises is equipped with [Fire Sprinkler/Alarm Systems]. It also includes [Refrigeration or Climate Control Systems].

Security systems installed include [Security Systems]. Lighting within the premise is [Lighting]. Utility access points are [Utility Access Points].

Location of office within the warehouse: [Office Location]. Location of restrooms within the warehouse: [Restroom Location]. Location of break room within the warehouse: [Breakroom Location].

Permitted Use:

Option A: The Premises shall be used solely for warehouse and logistics operations, including storage, light manufacturing, and distribution.

Option B: Specifically prohibited uses include, but are not limited to, retail sales, residential occupancy, and the storage or use of hazardous materials without prior written consent from Landlord.

Tenant shall obtain and maintain all governmental permits and licenses required for its business activities in compliance with Wisconsin building codes, local zoning ordinances, and environmental regulations, including Wisconsin Department of Natural Resources (DNR) standards.

Lease Term:

Option A: The initial term of this Lease shall commence on [Commencement Date] and shall expire on [Expiration Date].

Option B: This Lease shall automatically renew for successive terms of [Number] year(s) unless either party gives written notice of non-renewal at least [Number] days prior to the expiration of the then-current term.

Option C: Tenant shall have the option to purchase the Premises under the following terms and conditions: [Terms and Conditions].

Rent and Security Deposit:

Option A: The monthly base rent shall be [Dollar Amount], payable in advance on the first day of each month.

Option B: Rent shall escalate by [Percentage]% annually, commencing on [Date].

Option C: Landlord acknowledges receipt of a security deposit in the amount of [Dollar Amount], which shall be held and disbursed in accordance with Wisconsin Administrative Code ATCP 134.06.

Late fees shall be assessed at a rate of [Percentage]% per month for payments received more than [Number] days after the due date.

Common Area Maintenance (CAM), Taxes, and Utilities:

Option A: Tenant shall pay its pro rata share of Common Area Maintenance (CAM) charges, as reasonably determined by Landlord.

Option B: Tenant shall be responsible for the payment of property taxes and special assessments, in accordance with Wisconsin Statutes Chapter 77 and Chapter 70.

Option C: The lease is a Triple Net Lease where the tenant covers all operating costs.

Tenant shall be responsible for all utilities, including water, sewer, gas, electric, and trash removal.

Maintenance and Repairs:

Option A: Landlord shall be responsible for maintaining the structural integrity of the Premises, including the roof and exterior walls.

Option B: Tenant shall be responsible for all interior maintenance and repairs, including janitorial services and replacement of light bulbs.

Landlord shall respond to repair requests within [Number] days of notification.

Improvements and Modifications:

Tenant shall not make any improvements or modifications to the Premises without the prior written consent of Landlord.

All improvements and modifications shall be performed in compliance with all applicable building codes and regulations.

Upon termination of this Lease, Tenant shall, at Landlord's option, remove all improvements and modifications and restore the Premises to its original condition.

Sublease and Assignment:

Tenant shall not sublease the Premises or assign this Lease without the prior written consent of Landlord, which consent shall not be unreasonably withheld.

Insurance:

Tenant shall maintain commercial liability insurance with minimum limits of [Dollar Amount], naming Landlord as an additional insured.

Tenant shall maintain property insurance covering Tenant's inventory and equipment.

Landlord shall maintain insurance covering the building structure.

Compliance and Access:

Tenant shall comply with all applicable fire safety codes and regulations.

Landlord shall have the right to enter the Premises upon reasonable notice for inspection, repairs, or emergencies.

After-hours access by tenant: [After-Hours Access Policy].

Indemnification and Liability:

Tenant shall indemnify and hold Landlord harmless from any and all claims, damages, or liabilities arising from Tenant's operations on the Premises.

Landlord shall not be liable for any loss or damage to Tenant's property, unless caused by Landlord's gross negligence.

Environmental Compliance:

Tenant shall comply with all applicable federal, state, and local environmental laws and regulations, including Wisconsin Statutes §292.

Tenant shall be responsible for the removal and remediation of any hazardous materials brought onto the Premises by Tenant.

Default and Remedies:

The occurrence of any of the following shall constitute a default under this Lease: failure to pay rent, failure to comply with any other term or condition of this Lease, or abandonment of the Premises.

Upon default, Landlord shall have the right to re-enter the Premises and pursue all available remedies, including accelerated rent and landlord lien rights under Wisconsin Statutes §704.05.

Move-In and Move-Out:

A move-in inspection and condition report shall be completed prior to Tenant's occupancy.

Upon termination of this Lease, Tenant shall surrender the Premises in the same condition as received, ordinary wear and tear excepted.

Disposition of tenant property, including abandoned inventory, shall be in accordance with Wis. Stats. §704.05(5).

Governing Law and Dispute Resolution:

This Lease shall be governed by and construed in accordance with the laws of the State of Wisconsin.

Any disputes arising under this Lease shall be resolved in the Circuit Court of [County Name] County, Wisconsin.

The parties agree to attempt to resolve any disputes through negotiation or mediation prior to litigation.

Americans with Disabilities Act (ADA):

The warehouse [complies/does not comply] with the Americans with Disabilities Act (ADA) requirements.

Responsibilities for upgrades: [Responsibilities for ADA Upgrades].

Personal Property Taxes:

Tenant shall be responsible for all personal property taxes assessed on its inventory and equipment under Wis. Stats. §70.112(10).

Signage and Outside Storage:

Tenant shall have the right to install signage in accordance with the following terms: [Signage Terms].

Outside storage [is/is not] permitted. If permitted, the following restrictions apply: [Outside Storage Restrictions].

Disclosures:

Landlord discloses the following known building defects: [Building Defects].

Floodplain status: [Floodplain Status].

Addenda and Covenants:

This lease is subject to the following addenda or covenants: [List of Addenda/Covenants].

Entity Authority:

If either party is an entity, it represents and warrants that it has the full power and authority to enter into this Lease.

IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.

Landlord:

[Landlord Legal Name]

By: [Landlord Name]

Title: [Landlord Title]

Tenant:

[Tenant Legal Name]

By: [Tenant Name]

Title: [Tenant Title]