Five Things Every Business Owner Should Consider When Renewing Your Lease

Five Things I know about Commercial Lease Renewals

My Lease is coming up for renewal…Now what???

Sometimes it comes up annually and sometimes it comes up every three to five years…time to renew your lease. As a business owner, here are five things to consider when the time comes to start the lease renewal process.


1It’s not too early – You may think it’s too early to start evaluating your options, but it’s not. Give yourself a solid year to identify relocation options, review your current  renewal options, and make the right decision. Your landlord, and especially your landlord’s mortgage holder want committed tenants on long term leases. Commit to the renewal earlier than later and use that as a means to secure a lower lease rate or more favorable terms.

2A tenant rep WILL save you money – The agent hired by your Landlord to negotiate your renewal represents the Landlord… NOT YOU! His job is to get the Landlord the best deal possible. Hiring a Tenant Rep allows you to focus on running your business so you don’t have to handle the lease renewal process by yourself on top of everything else you’re doing on a daily basis. Your agent will do a thorough survey of the area to determine what other options are available and how lease rates at other properties compare to what you’re paying. You may not realize you’re comparing a triple net lease to a gross lease. Do you know the difference? I often compare a Tenant Rep to an attorney. You don’t go into court without your attorney so why go into a lease negotiation without your Real Estate Agent.

3 – Don’t forget those amortized fit up costs – If your rent included Fit-Up costs that were amortized over the term of the initial lease, it’s time for those expenses to drop off. Be sure your Landlord rolls your rate back and does not continue on the same schedule. Often times a Landlord will simply lump the improvements in with the base rent but you want to see those costs broken out so you aren’t continuing to pay for them well after they have been fully amortized.

4 – What about costs beyond the lease rate? – While considering all of your options, don’t forget to include costs beyond the Lease Rate you’re paying. If you’re considering relocating, you need to consider moving expenses including costs to relocate and set up I/T (phones, computers, etc…). If you’re looking at space in another city or town, utility expenses may be as much as 30% higher (or lower). You  may have an offer to lease similar space elsewhere at a much lower rate but after adding up all these additional expenses, your great lease rate may not look so great.

5 – Don’t assume anything is standard – Regardless of what  your landlord, the landlord’s agent, or anybody else says for that matter, you have the right to re-negotiate any and all terms of your lease when it comes time to renew. Reread your lease. Did you have a personal guarantee? Ask for it to be removed. Did your landlord include a provision giving him the right to relocate you? Ask for that to be taken out. Make sure the lease you sign is a document you are comfortable with and your attorney is comfortable with. A lease is a legally binding contract and should be scrutinized thoroughly.

What other things do you consider when renewing your lease? What would #6 on this list be? Please leave a comment below with your thoughts on other important considerations when renewing a lease.



Powered by Facebook Comments


  1. Lisa says:

    It supports audio, video clip files and has interactive
    drag and fall attributes. This is not the same application that was around then, nevertheless.
    Google actually *encourages* modifications and it
    is fairly legal.

  2. It’s fairly easy to jailbreak iphones for tmobile.

  3. I hardly leave a response, but i did some searching and wound up here Five Things Business Owners Should Consider When Renewing Your Lease.
    And I do have 2 questions for you if you tend not to mind.
    Could it be simply me or does it look as if like some of the responses
    appear as if they are written by brain dead people? 😛 And,
    if you are posting on additional online social sites, I would like to follow everything fresh you have to post.
    Could you list of all of your shared pages like your linkedin profile,
    Facebook page or twitter feed?

  4. The idea of our homemade air conditioner with cool water is very simple.
    Adding a pinch of baking soda to tomato sauce will reduce the acidity.

    Anyway, after all that the judge abruptly stated that he found me to be an expert in my field and asked both
    attorneys if they had any objections.

  5. The best part is you do not have to deny your sweet tooth using these
    quick weight loss diets. Under typical situations,
    our system is rather responsive. For this reason, HCG dieters report a feeling and appearance of great health
    and marvel at the loss of negative health risks they had as an overweight individual.

  6. Simply want to say your article is as surprising. The clarity in your post
    is just excellent and i can assume you are an expert on this subject.
    Fine with your permission allow me to grab your RSS feed to keep up
    to date with forthcoming post. Thanks a million and please
    carry on the gratifying work.

  7. A lightweight baby stroller can easily be stowed in the boot of a car or carried
    around with luggage. It is part of a former estuary, the salt
    content of which is three times higher than that in the Caribbean Sea due to high evaporation at temperatures of
    up to 50. We decided to refinance our home and took $100,000 cash out.

  8. Cody says:

    Finally, mini face lift provide the sufferers an all natural experience by themselves
    as well as at the same time improve their own self esteem and
    confidence amounts. Normally students can finish their nursing degree through this program within three years, in which the
    first year will be devoted to entry-level nursing course work.
    If nothing else, it is more “beach and tan” culture than the West LA So
    many people seeking cosmetic surgery and there are many thousands of
    them who can afford it.

  9. Great blog here! Also your web site loads up fast! What host are you using?
    Can I get your affiliate link to your host? I wish my web site
    loaded up as fast as yours lol

  10. Yet he chose to ask me so many questions about how
    and why I do things, because he could see the profound insight I had built
    up due to going my own way with my own research
    and testing over the past 7 years. At times, your sailing instructor may
    need to issue an order and have it followed immediately.
    But have you ever thought about living in your boat full time.

  11. This design is incredible! You certainly know how to keep a
    reader amused. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Wonderful job.
    I really loved what you had to say, and more than that, how you presented it.
    Too cool!

  12. I also like that they are wrapped individually so I may open the package and
    take out what I need without worrying about re-wrapping the
    rest to prevent freezer burn. One big consideration is where you are
    going to store your boat and likely this will depend greatly on your budget.
    There are so many great places to go while you are there.

  13. Everything is very open with a very clear explanation of the challenges.
    It was truly informative. Your site is very helpful. Thanks for sharing!

  14. Awesome blog! Do you have any tips for aspiring writers?
    I’m hoping to start my own site soon but I’m a little lost on everything.
    Would you suggest starting with a free platform like WordPress or go
    for a paid option? There are so many options out there that
    I’m completely overwhelmed .. Any ideas? Thanks a lot!

  15. Currently it sounds like Expression Engine is the top blogging platform available right
    now. (from what I’ve read) Is that what you’re using on your blog?

  16. Check out Movers review, it’ll assist you simply slim down the alternatives then choose many sensible movers.
    ” The easy answer to that difficult and (often) emotionally charged issue is that you need to determine how much stuff you will really need to take along to your new home. There are tanks and a lot of men to the left, and you need to let the friendly tanks take care of them.

  17. Since business owners lack financial skills of the accountant, a marketing service is important for good communication. Many webmasters, or even just bloggers, have come to
    use the capabilities of SEO to increase the quality and quantity of
    visitors visiting their website or blogs. Article Source:
    in business is mostly about marketing, especially online.

  18. If you want an email notification each time a post is left,
    there are options within the settings to organize this.

    Through a process of analyzing the inbound links into your site, you can see if they look legitimate or not, and if they are
    not then you can tell Google not to count them. Most of the things you think
    you know about search-engine optimization, or
    SEO, may have been true a few years ago but have changed.

  19. Article Source: more information on how to regrow your hair check out Total Hair Regrowth Review.

    Purchase shampoo or other hair care products that are meant
    specifically for people with thinning hair. Remember,
    the foaming action of regular shampoos and detergents is for looks only.

  20. What i do not understood is if truth be told how you are not actually
    a lot more well-liked than you may be right now. You’re so intelligent.
    You recognize thus considerably in the case of this topic,
    produced me in my opinion imagine it from so many various angles.
    Its like women and men aren’t involved unless it’s something to accomplish
    with Girl gaga! Your own stuffs outstanding. At all times maintain it up!

  21. Thomamerse says:

    Путаны, Путаны г. Киров (Кировская область) и г. Кунгур (Пермский край) – Девушки и вип Бляди. Отличные интим услуги и Секс знакомства. Шлюхи г. Труженик (Тверская область) м. Октябрьское поле – Проститутка-Индивидуалка Ростислава, +7 (950) 5123061
    Круглосуточная секс карта vip Девочек и Телок г. Оса (Пермский край). Интимные знакомства, услуги для секса, элитные Индивидуалки и Девушки г. Пермь (Пермский край), Девочки по вызову, от самых дешевых до дорогих vip Индивидуалок; Девушки, Шалавы и Девушки – у нас есть практически все! Только самые лучшие предложения интимных услуг: Индивидуалки г. Канаш (Республика Чувашия) и г. Катав-Ивановск (Челябинская область), элитные вип Бляди в г. Пудож (Республика Карелия). Множество анкет Проституток-Индивидуалок по вызову различной ценовой категории от лучших салонов города, каталог вип Проституток.


  1. […] If you’re current lease is coming up for renewal there are things you need to consider before deciding whether to renew at your current location or relocate to another property. Here is another post worth reading which highlights five things to consider when renewing your lease. […]

Leave a Reply to capillus272 breast augmentation before and after Cancel reply