Updated about 9 years ago on . Most recent reply
Typical commercial lease
I'm sorry for such a basic question, but I'm not very familiar with standard commercial leases. Ive only dealt in residential rentals. I'm in the process of negotiating a lease on some commercial property for another business of mine and I'm curious what I can ask for. Are triple net leases standard everywhere? Can we ask for the owner to pay moving expenses and renovation costs? What costs are standard on commercial leases?
Thank you in advance for the responses
Rick
Most Popular Reply
What is typical depends on the type of tenant you are.
Is your business office,retail,industrial,warehouse in nature? What size space are you looking at?
It's all negotiable. If you are a mom and pop tenant then landlords tend to not give as much TI credit as a national company guaranteeing the lease with hundreds or thousands of locations.
- Joel Owens
- Podcast Guest on Show #47
NNN Invest
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