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What Do You Need To Know Before Renting A Commercial Property?

JohnReider
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What Do You Need To Know Before Renting A Commercial Property?

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  1. What You Need To Know Before Renting A Commercial Property? FOR RENT Understanding a few points is must to ensure a smooth commercial rental experience. Additional Expenses Make it a point to clarify who will bear additional expenses including repairs & maintenance. Term Of Lease Commercial rentals may allow long term lease; choose the correct term as per your business requirements. Rent Increase Ask the property owner or property manager about the percentage increase in rent every year or at the time of lease renewal and get it written in the agreement. Building Additional Spaces Every business may require to make some alterations to the property as per operational requirements, so ask about allowed extent of alterations. Signage Marketing & display play an important role in business success, so make it a point to ask what type of signage is allowed. Exit Plan Know about the terms & conditions, in case you need to vacate the property before the lease term expires. www.johnreider.com John Reider Properties 455 E. Central Texas Expwy, Suite 101, Harker Heights, TX 76548 Phone: (254) 699 - 8300 Images Source: Designed by Freepik

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