Questions To Ask for A Commercial Real Estate Lease - PowerPoint PPT Presentation

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Questions To Ask for A Commercial Real Estate Lease

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Top 6 questions to ask before signing for commercial property lease. To know more about leasing commercial real estate. check out here: – PowerPoint PPT presentation

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Title: Questions To Ask for A Commercial Real Estate Lease


1
Questions To Ask for A Commercial Real Estate
Lease
2
INDEX
  • A Commercial Real Estate Lease
  • Common questions to ask before you sign for your
    commercial real estate lease
  • Is this space suitable for my business as I grow?
  • Is the area safe?
  • Does the commercial real estate space have the
    technology you need?
  • What type of furniture and equipment will you
    need?
  • Does the building have the necessary licenses you
    need?
  • Does the lease offer options to renew at a set
    increased rate?
  • About Horizon Resources Inc.
  • Contact Us

3
A Commercial Real Estate Lease
  • Once you have found a great commercial real
    estate property.
  • There are some important considerations to keep
    in mind to ensure you have chosen the right
    commercial real estate for you.
  • Ranging from location to the building and
    facilities, the length and terms of the lease,
    the price and the people you will be working with
    on a regular basis, such as the landlord and the
    property management firm.

4
Common questions to ask before you sign for your
commercial real estate lease
  • Q-1. Is this space suitable for my business as I
    grow?
  • Many commercial property leases are for five
    years, while others are for ten years.
  • Is the space you have chosen right for you?
  • Will your business be bigger and require a larger
    space in a year or two to accommodate your
    employees, equipment and more?
  • In general, aim to have more space so that you
    can grow into it when you sign a multi-year
    commercial real estate lease.

5
Common questions to ask before you sign for your
commercial real estate lease
  • Q-2. Is the area safe?
  • You may have found a prime commercial real estate
    location to accommodate your business.
  • It has high traffic and amenities you like and
    want to have.
  • However, is the area safe? Will you be
    comfortable coming in early or late in the day?
    Is the building next to vacant properties or
    dilapidated buildings?

6
Common questions to ask before you sign for your
commercial real estate lease
  • Q-3. Does the commercial real estate space have
    the technology you need?
  • Many older buildings especially historic ones,
    are attractive for their unique exteriors.
  • But lack sufficient networking and wiring for
    operating businesses today.
  • If the commercial real estate property you are
    looking at renting does not have what you need,
    you may end up spending a lot to get the office
    space wired up to meet up your needs.

7
Common questions to ask before you sign for your
commercial real estate lease
  • Q-4. What type of furniture and equipment will
    you need?
  • Depending upon the type of business you have,
    your furniture and equipment needs vary.
  • For example, the equipment for a medical office
    is very specific as compared to a legal one where
    you are looking for a professional office
    environment.
  • But do not need specific equipment or furniture
    other than the basics. Be clear on what you need
    for your business.

8
Common questions to ask before you sign for your
commercial real estate lease
  • Q-5. Does the building have the necessary
    licenses you need?
  • If you are operating a medical facility, you will
    need specific licenses to do so and the building
    has to meet health and regulatory compliance
    requirements.

9
Common questions to ask before you sign for your
commercial real estate lease
  • Q-6. Does the lease offer options to renew at a
    set increased rate?
  • See if you can get a commercial real estate
    property lease that allows you to renew at a
    defined increased rate after your term ends so
    that you can keep renting the space.
  • Some leases already have this included in their
    structure. Be sure to check and ask about this.

10
Horizon Resources Inc.
  • Horizon Resources, Inc. is one of the leading
    property management company expertize in property
    management, HOA management, commercial property
    for sales and leasing, tenant improvements,
    property maintenance and tenant representation.?
  • We can provide your commercial HOA with
    everything you need including compliance with HOA
    and tax laws, strategic budgeting reserve
    studies, conflict resolution and more.?
  • Our team of experts, along with technology, will
    secure the best-qualified tenants to ensure the
    highest stable income possible. Our staff will
    cater to each propertys specific needs to ensure
    excellence.?
  • We are serving our services in San Diego,
    Carlsbad, Poway, Escondido, San Marcos, Vista,
    and Oceanside.

11
Contact Horizon Resources, Inc.?
Phone (760) 692-5205?
Address? 2260 Rutherford Road, Suite
111? Carlsbad, CA 92008
Fax (760) 692-5210?
Email ? HRI_at_HorizonResourcesInc.com
  • For a FREE Property Management Consultation (760)
    692-5205
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