3. What to Know Before Leasing Commercial Space
Introduction:
Whether you’re a new business or an expanding enterprise, finding the right commercial space is a critical decision. Here’s what every tenant and landlord should know about the leasing process.
Key Points:
- Location Is Just the Start:
Consider foot traffic, nearby businesses, zoning, parking, accessibility, and community demographics. These factors affect your long-term success. - Know the Lease Types:
From triple net (NNN) to modified gross and full-service leases, understanding what you’re signing can save thousands annually. - Negotiate Beyond Rent:
Terms like build-out allowances, rent escalations, renewal options, and signage rights can make or break a deal. Our team ensures you don’t miss critical details. - Landlords: Maximize Your Property’s Appeal:
Strategic marketing, professional representation, and a clear understanding of tenant needs help reduce vacancy and increase ROI.
