098. 5 Retail Lease Expenses [That Every Retailer Should Know Before Leasing]
5 Retail Lease Expenses [That Every Retailer Should Know Before Leasing]
Retail real estate is considered to be any brick-and-mortar storefront used by businesses to sell their goods and/or services to individual consumers for their own personal use. This category encapsulates every business from a small boutique clothier to a large high-end restaurant and everything in between. When beginning your search for retail space, rent is not the only cost you should be considering. While certainly an important number, there are several other expenses you will need to factor into your budget to ensure the long-term success of your retail business. At the forefront of your search, understanding what kind of retail space your budget allows for is just as important as understanding different kinds of lease structures or what kind of areas you should be targeting. Here are the expenses involved in leasing retail space.
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5 Retail Lease Expenses [That Every Retailer Should Know Before Leasing]
About Your Host:
Tyler Cauble, Founder & President of The Cauble Group, is a commercial real estate broker and investor based in East Nashville. He’s the best selling author of Open for Business: The Insider’s Guide to Leasing Commercial Real Estate and has focused his career on serving commercial real estate investors as a board member for the Real Estate Investors of Nashville.