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2824 Manatee Avenue East

Bradenton, Florida 3420

Office: 941.792.2111

Toll Free: 1.800.522.7869

Fax: 941.747.9632

 

 

Lease

Leasing commercial property contains more parameters than you might assume.  Take time to select a Local Real Estate Commercial expert.

Renting office space is expensive, and it's a huge responsibility. If you've ever rented commercial space, you know that finding a property and negotiating lease terms is serious business.
If you haven't rented commercial space, there are a few things you need to know. First, there's no standard lease
agreement; each lease is different and needs to be carefully reviewed. Second, a lease is a legally binding contract, not something you can break at will or easily change to suit your needs. Before you lock yourself into a lease, you need to ask yourself, your broker, and the landlord some crucial questions to make sure you're finding the best property for your business.
 
Ask yourself:
How long do I plan to stay? You need to project how long your business can operate effectively in the space you plan to lease. Although all lease terms are negotiable, most short-term leases are for three to five years, and long-term leases are for 10 years.
 
Can I get out of the lease? Breaking a lease can result in serious penalties: You could lose your security deposit, be denied access to the space, and even be sued. Make sure you're committed to the length of the lease and the location before you sign.
 
Ask your broker:
What kind of experience do you have? Commercial real estate is a specialized industry. Most brokers concentrate on one or two property types, such as offices or warehouses. Select a broker who has a proven track record in the type of space you need.
 
Are my space needs too big or too small for you? Work with a broker who fits the right profile in terms of your space needs. A broker who works on large-scale spaces may not work as hard for a client seeking only 1,200 square feet of space.
 
Do you have any certifications? Experience is the best way to judge the caliber of a broker; however, designations from recognized real estate associations show that a broker has gone the extra mile.
 
Ask the landlord:
What is the tenant mix in your building? Opposites don't always attract when it comes to business. Be cautious about leasing space in a building where the majority of the tenant's corporate cultures are radically different from your company's.
 
Will there be onsite management? A manager probably won't be present at a small building. If a manager or custodian is not on the premises during regular business hours, get assurance that someone will be on call to respond to maintenance emergencies.
 
What kind of build-outs or amenities will you provide? Landlords frequently remodel spaces, provide moving allowances, or offer additional covered parking spaces as an incentive to a new tenant.
 
What are the terms of the lease? The monthly rent is, of course, a paramount issue. But a prospective tenant also needs to know if the lease includes a rent-escalation clause, which lets the landlord increase rent in the future. Also find out if you're required to pay charges for maintenance, taxes or other costs — often called a "triple net" or "net-net-net" lease.
 
Is there an option to sublease? With this option, if you don't need all the space you've rented, you can sublease some of it to another company. The ability to rent out part or all of your space can be vital if your business grows or if you need to relocate.
 
Ask us anything about Leasing Commercial Property in the Manatee County area.   It's completely FREE and we will respond quickly in a timely matter.  We want to help you. That's our GUARANTEE!





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Testimonials

My wife and I would like to take this opportunity to recognize Linda Johnston who is with the office at CENTURY 21 All Aces Realty. We had been trying to sell our house in Palmetto for approximately 2 years. Prior to being introduced to Linda, we had used two other real estate agents who were quite ineffective in getting people to look at the house. As soon as we spoke to Linda, we were impresses with her enthusiasm and determination. She immediately gave us ideas on how to list the house to attract prospective buyers. When one idea didn't work, she was innovative and determined to come up with new ideas. Her personality was refreshing and she was always professional. We felt as though we were her only client, although we knew she had others. It was a pleasure working with her and we would recommend her to any seller or buyer. Craig & Felicia Himes
My experience with CENTURY 21 All Aces Realty was remarkable, but my experience with my Agent, Matthew Rotondo was even better. Matt’s willingness to work with my wife and I was truly amazing. Matt took a true interest in our needs and wants as a young couple. Knowing we did not have the money to buy a home that needed lots of work, Matt made sure to find us a home that was move in ready. When it came time to close on our dream home, the house needed a new roof. Matt came through again, he was able to get us our dream home at price we could afford with a new roof. Matt is just a genuine good guy, I don’t know many agents that would actually come over and help you move and work in the yard. Thanks again Matt for helping my family get the house of their dreams. Richard and Lisa Glass
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