Finding and leasing commercial space isn’t the easiest task for business owners. Here are four ways for a business owner to find commercial space for rent.
How to Renegotiate Your Commercial Lease Due to Coronavirus (A Landlord's Perspective)
East Nashville Developer Announces Plans for Former Piggly Wiggly on Dickerson Pike
East Nashville-focused RPM Skyline, lead by founder Danielle Rice, has announced plans to renovate the former Piggly Wiggly at 917 Dickerson Pike. The 13,602 square foot building, which features a vaulted barrel roof, will be the Dickerson Pike corridor’s most vibrant development for retail and restaurants to date.
The Basics of a Commercial Real Estate Lease
Just like a Letter of Intent, a lease will always include customary clauses. These clauses will include much more detail than the Letter of Intent, which is essentially an outline for a lease, and the main reason you will need your broker and attorney involved at the very beginning.
How to Calculate Commercial Rents Per Square Foot
Commercial real estate, much like other industries, is rampant with its own unique lingo. Words like “triple net” and “cap rate” are thrown around as if they’re common knowledge, but if you’re not in commercial real estate, you likely won’t be able to keep up with the various terms. Calculating commercial rent can be just the same.