What Is a Commercial Lease? Key Terms, Types, and What to Watch For
A commercial lease is a legally binding contract between a landlord and a business tenant. Learn the key terms, lease types, and critical clauses before you sign.
By Angel Campa, Founder · Updated March 2026 · Saves 2–3 hours per lease
Small commercial landlords using QuickBooks need to track lease payment schedules, security deposits, and CAM charges — but QuickBooks requires manual entry from the lease PDF. Without structured extraction, landlords risk billing errors, missed escalations, and incorrect security deposit accounting.
Upload the executed commercial lease PDF. Lextract works on NNN, gross, and modified gross leases of any structure.
Lextract identifies the base rent for each lease year, CAM estimates and caps, security deposit amount, and any scheduled escalations.
Download the extracted fields as an Excel file showing each payment period, amount, and type — formatted for easy reference during QuickBooks setup.
Use the extracted tenant name, address, and contact information to create a Customer record in QuickBooks representing the commercial tenant.
Using the extracted rent schedule, set up recurring monthly invoices in QuickBooks for base rent and CAM. Enter the security deposit as a liability. Configure annual escalation reminders.
Learn about the full integration between Lextract and QuickBooks, including supported export formats and critical fields.
View QuickBooks integration →Yes. Lextract extracts the CAM structure including estimated annual amounts, pro-rata share methodology, CAM caps, and exclusion lists where present in the lease.
Lextract extracts the percentage rent provision including the breakpoint and applicable rate. You can use this to set up a variable invoice template in QuickBooks for months when percentage rent applies.
Lextract is optimized for commercial leases. The 126-field schema covers commercial lease structures. Residential lease extraction is not the primary use case.
A commercial lease is a legally binding contract between a landlord and a business tenant. Learn the key terms, lease types, and critical clauses before you sign.
AI lease abstraction extracts 100+ structured fields from commercial lease PDFs in minutes. Learn how the technology works, what accuracy to expect, and how cost compares to manual services.
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Upload your lease PDF and get 126 structured fields ready to import into QuickBooks. Just $15 per lease — no subscription required.
Start Extracting — $15/lease