Leasing a commercial property is a major milestone for any business owner in Florida. Whether you’re opening your first retail space or expanding into a new location, understanding the basics of commercial leasing is essential to avoid costly mistakes and secure the right space for your needs.
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Understand Lease Types:
Commercial leases come in various forms, such as:
- Gross Lease: You pay one set amount, and the landlord covers property expenses.
- Net Lease: You pay rent plus some or all of the property expenses.
- Triple Net (NNN) Lease: You cover rent, taxes, insurance, and maintenance. Knowing what’s included in your lease structure helps you budget accurately and compare spaces more effectively.
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Check Zoning and Permits:
Ensure the property is properly zoned for your type of business. Before signing, confirm what licenses and permits you’ll need to operate in the area and building.
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Evaluate the Space:
Think beyond square footage:
- Visibility and foot traffic
- Parking availability
- Accessibility for customers and deliveries
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Review Lease Terms Carefully:
- Lease duration
- Renewal options
- Rent escalation clauses
- CAM (Common Area Maintenance) charges
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Work With an Expert:
A local commercial real estate professional can help you find the right property, negotiate lease terms, and avoid common pitfalls.
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Let The List Orlando guide you step-by-step through the process—from property selection to lease negotiation.
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