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Updated almost 3 years ago,
Commercial Lease Agreement
A forum Search only revealed a few threads that didn’t answer my question. I know there are many commercial investors in the BP community. I have a really exciting new mixed use property under contract in Michigan that is vacant at this time in a great location. It has two first floor commercial spaces that we will renovate with an open second floor that we will be putting in apartments. Both my business partner and I have several residential rentals but we have limited experience with commercial leasing. We do not plan to have a triple net lease for the commercial tenants but will have all utilities separated. My main question is about leases. Does anyone have any sample commercial leases or recommendations of sources for commercial leases? Also, are there any pitfalls with commercial that we should be aware of? Any advice or guidance from those more experienced is welcome!