Is the rental rate the only thing I should negotiate?
Category:
Commercial Leasing – Tenants & Owner-Users
Not at all. While rental rate is certainly important, many other lease provisions can significantly affect the long-term success of your business. Items such as tenant improvement allowances, lease term, renewal options, signage rights, rent commencement, maintenance responsibilities, expansion opportunities, and operating expenses may all be negotiable.
Looking beyond the monthly rent often creates greater long-term value than negotiating price alone.
A well-negotiated lease supports your business—not just your budget.