Should I negotiate renewal options before signing my lease?
Category:
Commercial Leasing – Tenants & Owner-Users
Yes. Renewal options are generally negotiated before the lease is signed, not after the initial term expires. Well-structured renewal options may provide additional stability while reducing uncertainty if your business continues to succeed in the location.
Businesses often invest substantial resources into developing their customer base at a particular location. Renewal options help protect that investment.
Planning for success begins before opening your doors.
