Lease a Business Building: Negotiate the Best Deal

How to Find & Lease a Commercial Building

Created by: Regina P. Brown
Instructor / Author / Trainer

What Will I Learn?

• Discover the difference between residential and commercial leases.
• Hire a real estate tenant broker to represent you at no cost to you.
• Find a building and research it thoroughly.
• Learn the process of leasing a commercial building, including office, restaurant, warehouse, and retail shop.
• Calculate the total lease amount to ensure that you can afford it before signing the lease.
• Negotiate to get the lowest price, most free rent, and other terms that benefit your business.
• Locate the ideal team to help you build out your tenant improvements.
• Get legal help from your real estate attorney interpreting and refining the contract.
• Ensure you are adequately prepared and won’t default or get evicted.
• Terminate your lease and get a full refund of your security deposit upon vacating the premises.
• Use your commercial building as a place to grow and expand your business, and increase your profitability.
• Define industry abbreviations and terms such as “TI”, “NNN” and “Gross Lease”.
• Get 10 free bonus handouts, including budgets and worksheets.
• View 10 sample real-life documents.

Requirements

• • Commercial tenants should have paper and pen handy to take notes. They will need a printer if they want to print the handouts.
• • Students should have an open mind and be prepared to try the actions described. They should have a willingness to learn and be ready to take action.

Target audience

• • This course is designed for small business owners, entrepreneurs, and independent contractors.• Any business person who needs to rent a commercial business building for the first time can benefit from this course.
• • This is NOT for advanced commercial tenants who are already familiar with the process of leasing a commercial business building.