5 year market rate adjustment for standard 5 year adjustments
I'm curious if anyone has phrasing for the standard market rate adjustment that occurs on the 5 year anniversary (and every 5 years following) of their office or retail leases? (Ex; 5% or 10% *on top of* standard annual adjustments, creating the new "base").

Often called "Option to renew", "market rate adjustment".

I've seen a variety of styles and formats, some don't do them at all.

Thank you in advance for your advice.
[{"id": "hp7zkzd", "text": "What asset class? Also, what side are you repping?\n\nIn my market any non mom/pop lease has a schedule with each option period year and the corresponding annual rent.", "replies": [{"id": "hp8tau4", "text": "Old medical building (25,000 sf), some small tenants, some larger.  Some spaces are rented out as one man office suites, others to medical / dental practices.\n\nJust looking to making sure my leases are current with the market.\n\nCurrently I bump 10% at 5 year renewals, + standard CPI every year with a new \"base\" at 5.\n\nI am the owner.", "replies": [{"id": "hp8to7d", "text": "Those terms would be extremely owner-friendly in my market, especially if the tenants aren\u2019t investment grade medical operations. If ppl keep signing then ride it out.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hp800cd", "text": "30+ years without serious inflation has eroded lease bumps in most commercial leases, but the recent spike in inflation shows why they are necessary.   I\u2019ve been pushing for the greater of 15% every 5 years (which is less than 3% annually) or a CPI reset every 5 years in the event inflation remains high.", "replies": [{"id": "hp8m7b3", "text": "That\u2019s crazy to me. \n\nI\u2019m getting 5-7.5% increases every 5 with a couple clients. Outside of major metro\u2019s, they will rarely agree to more than 7.5% (fortune 250 retailers) \n\nOne agrees to 10% in option periods.", "replies": [{"id": "hp8tg0w", "text": "Very interesting.  Thank you.", "replies": [], "depth": 3}], "depth": 2}, {"id": "hp8te1g", "text": "Thank you. That's very helpful.", "replies": [], "depth": 2}], "depth": 1}]