Resource Library
Leasing Commercial Property
The modern lease represents one of the more complex legal interactions in modern business. It develops an intricate set of relationships between lessee and lessor which in most cases survives company owners, business cycles as well as growth and contraction of a business.
Entering into, what is usually such a long term financial commitment,(three to five years), should not be taken lightly. Similar to doing your own open heart surgery, entering into a lease without help of a real estate broker can be hazardous to your financial health.
As an alternative to doing it yourself, contact us at (386) 253-8565, or e-mail: admin@prudentialcresdb.com.
In any event, do talk with your attorney prior to signing a lease.
Prudential Transact Commercial Realty, (services typically paid by the landlord) include:
Defining of the space need
- Preparation of a “Perfect Space” business analysis which includes:
- Assistance quantifying the space requirement to, eliminate expensive footage
- Evaluation and comparison of your existing space compared to a “Perfect Space”
- Assistance with growth projections as they effect the space
- Proximity analysis of competitor locations to the site you choose
- Identification of extra needs such as high speed internet access, hours of operation, etc.
- Defining the market
- Provide market lease rate statistics
- Survey the market and provide a list of available properties meeting your criteria
- Prepare a “Comparative Space Analysis” for the top three candidate properties
- Prepare a “Present Value” lease analysis show the cost of occupancy over the lease term
- Provide selection assistance to determine the top candidate property
- Obtain and review with you detailed information on the top three candidate property
- Arrange property tours of the top three property candidates
- Facilitate the transaction
- Prepare and submit a “Request for Proposal” for up to three properties
- Prepare a final economic analysis of the selected properties
- Assist in selecting the final property for lease
- Draft a “Lessee Fact Sheet” and “Intent to lease” form and present to the owner/landlord
- Negotiate a final terms sheet
- Present the terms sheet to your attorney
- Assist in disposing of any existing space if applicable
Other services available (Lessee Paid)
- Rent Vs. Buy analysis
- Lease renewal services
- Tenant/Landlord mediation services
E-mail Prudential Transact Commercial Realty today.