What are some tips for renting commercial real estate?


Quick Answer

When renting commercial real estate, try to secure a lease with flexible renewal options, says the U.S Small Business Administration. Before signing any lease, read the lease well and have it inspected by an attorney specializing in commercial real estate matters.

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Full Answer

Try to rent your commercial property near complementary companies that are succeeding, says Entrepreneur. Be prepared to negotiate commercial lease terms for weeks before making a commitment. To aid this negotiation, avoid becoming emotionally attached to any particular property. If you reveal you are determined to rent a particular property, the landlord has little incentive to compromise and alter the lease in your favor.

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