1. Types of Commercial Leases
Gross Lease: Tenant pays a fixed rent; landlord covers most expenses.
Net Lease: Tenant pays base rent plus some property expenses.
Modified Gross Lease: Expenses are shared between landlord and tenant.
2. Key Lease Terms to Review
Lease Duration: Understand renewal options and termination clauses.
Rent Increases: Clarify how and when rent may adjust over time.
Maintenance Responsibilities: Know who handles repairs, utilities, and common areas.
3. Negotiation Tips
Tenants should request favorable terms for rent escalations and early termination options.
Landlords should ensure lease terms protect property value and provide stable income.
4. Legal Considerations
Always review leases carefully for zoning compliance, insurance requirements, and liability protections. Professional guidance can prevent costly mistakes.
5. Partner with a Commercial Real Estate Expert
Rusty Melle at ITG Realty has extensive experience representing both tenants and landlords. His expertise ensures fair agreements, smooth negotiations, and long-term success.
A well-structured commercial lease benefits both parties and sets the foundation for a thriving business relationship.
Contact Rusty today to get expert guidance on your next commercial lease.
