Why Strip Mall Landlords Should Avoid Using the Consumer Price Index
By LC on Jan 2, 2008 in Commercial Lease Clauses, Featured Articles, Legal, Retail Business Coaching | comments(0)
Commercial leases usually provide for rent increases, often in the form of a cost of living increase per the Consumer Price Index. Attorney David Durrett, through case study examples and citations, presents a compelling case against the CPU clause and suggest that pre-determined rent increases can save the landlord money and provide predictable base rent charges to the strip mall tenant.
