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Factors To Consider When Leasing A Commercial Property

JohnReider
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Factors To Consider When Leasing A Commercial Property

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  1. Factors To Consider When Leasing A Commercial Property Elements like the market trends, rent, tenure etc. are few important considerations while signing a commercial real estate lease. It is essential to evaluate your business requirements and identify the current and future space needs when leasing a commercial property. It is crucial for both the tenant and the property owner to clearly define the location as well as precise square footage of the premises. Before deciding on the rent and other additional expenses; the lease term and commencement date must be established. The lease agreement should clearly state the due dates, mode of payment, security deposit amount, rate of escalation, etc. Do factor in various aspects such as expected gross income, maintenance cost, etc. before making your decision to lease a commercial property. www.johnreider.com John Reider Properties 455 E. Central Texas Expwy, Suite 101, Harker Heights, TX 76548 Phone: (254) 699 - 8300

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