Sublease Analysis Checklist: What to Review Before Subleasing
A comprehensive checklist for tenants subleasing commercial space, covering consent requirements, recapture rights, profit splits, liability, and holdover provisions.
Lextract extracted 126 fields from Infoblox's 35,000 RSF Silicon Valley sublease: dual-layer obligation structure, master landlord consent, and sublandlord credit risk analysis.
By Angel Campa, Founder · Updated March 2026
Location
Santa Clara, CA
Size
35,000 RSF
Annual Rent
$1.4M/yr
Term
36 months
About this case study. Lextract case studies show how the extraction pipeline handles a specific lease document type and complexity profile. Named parties are drawn either from publicly available lease documents (such as lease exhibits attached to SEC filings) or are illustrative names used to demonstrate a scenario. In either case, their inclusion on this page is not a claim that the named tenant or landlord is a Lextract customer or endorses the product. Extraction outputs shown (fields, values, confidence) reflect the actual results of running the underlying document through Lextract.
Tenant
Infoblox
Landlord
Santa Clara Properties (Sublandlord)
Sublease abstractions require extracting two sets of obligations: the sublease terms between sublandlord and subtenant, and the master lease terms that continue to bind the sublandlord. The subtenant's rights are limited by both the sublease and the master lease, and the consent requirements of the master landlord must be tracked.
Lextract identified the sublease structure, extracted the sublease-specific terms (sublandlord, subtenant, sublease rent, sublease term), and cross-referenced the master lease provisions incorporated by reference. The subtenant's notice requirements to the master landlord were correctly extracted from the consent document.
126
Fields Extracted
5-15 minutes
Extraction Time
| Field | Extracted Value | Why It Matters |
|---|---|---|
| Document Type | Sublease | Subtenant rights limited by both sublease and master lease |
| Sublandlord | Infoblox Inc. | Sublandlord remains liable on master lease - credit risk for master landlord |
| Sublease Rent | $1,400,000/year | $40/RSF - below master lease rate (sublandlord absorbs difference) |
| Sublease Term | 36 months | Sublease term cannot exceed remaining master lease term |
| Master Landlord Consent | Required and obtained | Sublease is void without master landlord consent |
| Subtenant Use Rights | Coextensive with master lease use | Use rights pass through from master lease to subtenant |
Critical sublease fields include: sublandlord entity, subtenant entity, sublease commencement/expiration, sublease rent vs master rent, master landlord consent status, holdover provisions, and which master lease provisions are incorporated by reference.
Yes. Lextract extracts all provisions present in the sublease document. Where the master lease is referenced but not included, those fields are flagged as "referenced - master lease required" rather than returned as empty or incorrect.
A comprehensive checklist for tenants subleasing commercial space, covering consent requirements, recapture rights, profit splits, liability, and holdover provisions.
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