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Definition. Agreement between a landlord and a business outlining terms and conditions of property rental. A commercial lease is specific to renters using the property for business or other commercial purposes versus residential use. commercial lease is specific to renters using the property for business or other commercial purposes versus residential use.
1 A commercial gross lease is a lease in which a lessee pays only rent and the landlord pays property taxes, insurance and maintenance charges. 2  Gross lease agreements can be modified to suit a tenant's multiple needs.ommercial leases are generally of two types: net lease and gross lease: 1  Net lease is when tenants pay an extra amount in addition to office rent as part payment of the commercial lease properties' expenses such as maintenance, taxes, insurance, and utilities.