South Dakota Commercial Lease Agreement


The South Dakota Commercial Lease Agreement is a legal document for renting commercial properties to businesses. The lease term usually ranges from three to five years but can be negotiated for any duration. In general, longer lease terms tend to result in lower rent.

The property’s location determines its zoning, with retail businesses often situated closer to residential areas and industrial zones located farther. Commercial lease agreements typically come in three forms: triple net (NNN), gross, and modified gross. These types relate to the allocation of utilities and other expenses between the landlord and tenant, affecting the rental’s affordability and desirability. Once signed, the agreement remains in effect until the lease duration ends or it is terminated due to unforeseen circumstances.

StatutesTitle 57A, Chapter 2A