Commercial Properties For Lease In Harker Heights, TX

by Administrator 11. June 2015 15:01

Making a decision about purchasing a commercial real estate market depends on zonal restrictions, tax implications and expected income from business etc. It is important to weigh all the short term as well as long-term consequences before you sign a commercial lease agreement.

Here are some of the important considerations that you must keep in mind while searching for a commercial property for lease:

  • Finalize The Location: The first and foremost thing that you must deliberate upon is the location of the property. You must do a thorough analysis of the neighborhood, adjacent markets, customer behavior in the area etc. In case you have a retail business, look for things like security and parking area. On the other hand, factories or manufacturers should look for easy connectivity with distributors and transportation services.
  • Decide The Rent And Tenure: Once you sign the commercial lease, you will be liable to pay the monthly rent regardless of whether your business is successful or not. Therefore, you must decide on a monthly rent that is easy to pay. Similarly, the length of the lease term holds equal importance. Ideally, you should opt for a short-term lease with an option for renewal.
  • Other Expenses: Besides the rent, there are a lot of expenses that need to be borne with a commercial lease. These might be related to utilities, garbage clean up, repair and maintenance etc. Make sure you discuss with your landlord if these costs are included in the rent and if not, then who will be responsible to pay the same.
  • Increase In Rent: The lease agreement should clearly mention the amount of rent that would increase and when. This will help you decide on the lease term and also be prepared to pay the increased rent amount.
  • Additional Space: The clauses related to expansion of coverage area in the property should also be stated in the contract. Talk to your property owner about the types of modification allowed and who shall bear the cost for the same.

We, at John Reider Properties, can help you find an affordable commercial property for lease in Harker Heights, TX. For more information, you can call at (254) 699 – 8300.

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