First Commercial Property - How Different from Residential???

[Eddie Sorrell]

Team,

I purchased my first commercial property. It is actually a trip-plex with one unit as a storefront. It is currently vacant and requires little cleanup to get ready for rent. I have a sign on the window but have yet to list it on the market as I want to be sure that I understand how to manage this differently than my residential rentals. For example:

1. For a commercial lease, can I use my standard lease agreement with just a few changes?
2. I have read that the tenant is typically more responsible for the general upkeep on the commercial property, is that true?
3. The unit is basically open finished space if a tenant wanted to create a salon or make other major modifications, who would be expected to pay for the modifications.

Thanks in advance for the thought leadership. 

Eddie