240. What Every Business Needs to Know before Signing a Lease Pt. 3 | Brokers Round Table
with Chad Griffiths, Jesse Fragale, and Adam Williams
The Commercial Real Estate Investor Podcast · The Commercial Real Estate Investor Podcast
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Show Notes
Key Takeaways:
Thoroughly evaluate the landlord and property management to avoid issues down the line, such as delayed repairs or non-payment of broker commissions.
Conduct thorough due diligence on the property, including permitting, construction, and utility access, to ensure the space meets your needs.
Negotiate lease terms strategically, focusing on more than just the rental rate and considering factors like renewal options and additional fees.
Avoid a "take it or leave it" mentality during negotiations and instead seek common ground to reach a mutually beneficial agreement.