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Lease Abstraction

Every critical lease term, extracted without a 90-page read.

Tenantvein reads commercial leases and surfaces rent escalations, option periods, TILR provisions, co-tenancy clauses, and NNN vs. gross classification.

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How It Works

Three steps to structured output.

Upload your lease

Drop the lease PDF, Word document, or scan into Tenantvein. Full-length documents — 80–100 pages — processed at the same speed as short-form leases.

Term extraction

Tenantvein identifies and extracts base rent, rent escalation schedule, free rent periods, lease commencement and expiration, options, TILR, co-tenancy provisions, and expense structure.

Review and flag

Review extracted terms, mark any flags for legal review, and export the abstraction to your deal file or model.

What gets abstracted.

Key Dates

Commencement, expiration, option deadlines, rent step dates — every date extracted and flagged.

Rent Escalation Schedule

Fixed step-ups, CPI-linked escalations, and percentage rent thresholds — modeled into your NOI projection.

TILR & Free Rent

Tenant improvement allowance, leasing commissions, and free rent periods abstracted and quantified.

NNN vs. Gross Classification

Expense structure classified — triple net, modified gross, full service gross — with expense stop provisions noted.

Co-Tenancy & Go-Dark

Retail co-tenancy triggers, anchor go-dark provisions, and termination rights — flagged automatically.

Option Periods

Renewal, expansion, and termination options with notice periods and rent reset mechanics.

Sample Lease Abstraction Output

Representative output. Every figure is traceable to the source document.

TermExtracted ValuePage RefFlag
Base Rent (Year 1)$42,000/mop. 3, §2.01
Annual Escalation3.0% fixedp. 4, §2.03
Free Rent3 monthsp. 5, §2.04Review
TILR$65/SF ($1.43M)p. 8, §5.01High TI
Lease TypeModified Grossp. 2, §1.03
Renewal Option2 × 5yr at FMVp. 22, §18.01

See lease abstraction on a live deal.

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