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.
By LC on Dec 27, 2007 in Ask The Strip Mall Insider | comments(0)
From Jason in Lansing, MI
Q: I am opening a game store in a strip mall. I have a good rent deal, but the lease is 35 pages long. Should I pay a lawyer to negotiate with the owner?
By LC on Dec 16, 2007 in Featured Articles, Retail Business Coaching, Strip Malls | comments(3)
Behavioral Patterns of Winning Tenants and Great Landlords
Part Two of a Multi-Part Series
In our first article in the series, “4 Rules for Strip Mall Tenants Before Lease Signing,” we gave some guidelines for prospective strip mall tenants. This article discusses questions a landlord must ask that tenant before a commitment (lease) is executed in […]
By LC on Dec 4, 2007 in Featured Articles, Retail Business Coaching | comments(2)
Behavioral Patterns of Winning Tenants and Great Landlords
Part One of a Multi Part Series
The actions suggested in this article are a result of back testing failed strip mall retailers and the reasons for their failure. Prospective tenants should use this as a basic but mandatory checklist prior to signing a lease.
