This Letter of Intent is used by a landlord to inform a potential tenant of the landlord's intent to enter into a commercial lease agreement. The non-binding letter sets forth the proposed terms and conditions of the lease including the rent payments, permitted uses of the premises, and the security deposit. It also includes a proposal expiration date after which the proposal is no longer valid. This document provides a template for drafting a letter of intent and may be customized to fit the specific needs of the parties. This should be used by landlords when negotiating to lease commercial property.