Commercial real estate transactions can be some very tricky transactions, especially if you aren’t familiar with these types of transactions. There are numerous different things to look at when you are going to rent a commercial property.
We can help you go over the lease for the property to ensure that you fully understand the terms. Commercial leases can include a host of clauses that could eat into your bottom line. For example, some restaurant leases require the tenant to pay rent plus a percentage of the income for the restaurant. As you can imagine, this would be a costly factor if the business is successful.
We know that your business needs a place to call home. Once you find a location that you think will work, you need to find out all of the terms that you have to comply with. Parking, utilities, maintenance and security are some of the points that you should find out about before you sign on the dotted line.
Before you sign a lease, you should take the time to let us take a look at the lease. We can answer your questions and let you know if we see anything concerning about the lease. If you opt to proceed with the rental, you would have a good understanding about your rights and your responsibilities.
Even if you are considering a commercial real estate purchase, we can help you learn about what you need to do. Checking zoning and land use laws for the property, as well as reviewing the closing terms, might help you out in these cases.