5 Things to Know Before Leasing Commercial Space
Here are five key things every tenant should know before signing a commercial lease.
The right location impacts customer traffic, employee convenience, and even brand perception. Consider parking availability, public transportation, and the safety of the surrounding area. For some businesses, visibility from a busy street is essential — for others, proximity to suppliers matters more.
Commercial leases vary widely in length and flexibility. Check the lease term, renewal options, and rent escalation clauses. If your business is new or in growth mode, negotiate for the ability to sublease or assign the lease. Flexibility now can save you big later.
3. Understand CAM Charges (Common Area Maintenance)
CAM charges are often overlooked by tenants but can significantly affect your monthly costs. Ask the landlord for a detailed breakdown of what’s included. These can range from landscaping and cleaning to building insurance and security.
4. Space Layout & Build-Out
Your space should work for your operations, not the other way around. Review the floor plan carefully and determine whether modifications are needed. Negotiate for tenant improvement allowances to offset build-out costs, especially if major changes are required.
5. Future Growth Potential
Think beyond your immediate needs. Will the space accommodate growth in the next 3–5 years? Consider storage, additional workstations, or expansion into adjacent spaces. Planning ahead now can save you the disruption of moving later.
Finding the right commercial space is more than just square footage and rent — it’s about aligning your location, layout, and lease terms with your business goals.
If you’re considering a lease and want expert guidance, contact me today for a consultation. Let’s make sure your next space is the right one.
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