{"id":4553,"date":"2016-04-04T10:47:33","date_gmt":"2016-04-04T15:47:33","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/smallbusiness\/business-operations\/commercial-property-rentals.html"},"modified":"2024-06-06T03:39:11","modified_gmt":"2024-06-06T08:39:11","slug":"commercial-property-rentals","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/smallbusiness\/business-operations\/commercial-property-rentals.html","title":{"rendered":"True Costs of Commercial Property Rentals"},"content":{"rendered":"\n
\n \n
\n

True Costs of Commercial Property Rentals<\/h1>\n
\n
\n By Susan Buckner, J.D.<\/a> | Legally reviewed by Katrina Wilson, Esq.<\/a>\n | Last updated\n
\n

Editorial Note: We earn a commission from affiliate partner links on FindLaw. Commissions do not affect the editorial integrity of our legal content.<\/p>\n\n <\/div>\n \n

\n \n <\/i>\n Legally Reviewed\n <\/summary>\n\n
\n

This article has been written and reviewed for legal accuracy, clarity, and style by FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with our editorial standards<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n\n

\n \n <\/i>\n Fact-Checked\n <\/summary>\n\n
\n

The last updated date refers to the last time this article was reviewed by FindLaw or one of our contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please contact an attorney in your area<\/a>.<\/em><\/p>\n\n <\/div>\n <\/details>\n<\/section>\n

When a small business owner looks for commercial rental space, they look for the best space and price. Determining the actual cost of a commercial property rental<\/a> is more complicated than it sounds. Retail space may list at one square footage, but the lease may have more or less space than you thought.<\/p>\r\n

Savvy business owners have a business attorney on call to review their leases. Commercial real estate lease agreements have negotiable clauses and hidden pitfalls for the unwary. Lowering your operating costs and increasing your services is possible if you know what areas to negotiate and where to stand firm.<\/p>\r\n

Hidden Costs and Unseen Expenses<\/h2>\r\n

Residential properties come with paid groundskeepers and sometimes utilities. Commercial rental properties generally do not. When you take a lease in an office building or strip mall, you are also responsible for common areas, parking lots, and security. Before you sign a lease, ask about the property’s hidden costs and expenses<\/a>.<\/p>\r\n