Common Tenant Pitfalls in a Commercial Lease
Are you a small business owner entertaining the thought of entering into a commercial lease for your operation? If so, leases can be pretty intimidating (and dreadfully boring), and there are several common pitfalls you should be aware of. We’ll address a few of the major ones here, but it is always best to seek […]
Percentage Rent for Leasing Retail Space
If you’re looking at leasing retail space for your business, chances are that the landlord is going to require you, as the Tenant, to pay Percentage Rent in addition to the Minimum Annual Rent (aka Monthly Base Rent). Basically, the landlord wants a cut of your sales when you are running a successful business! You […]
What Are The Different Lease Types For My Business?
Thinking about leasing space for your business? Have you heard the terms, “Full Service Gross,” “Modified Gross” and/or “Triple Net” and don’t know what to think? If so, you’re not alone – but wait – there’s good news! The basics of these common commercial lease types are not quite as intimidating as they might sound. In […]