Signing a lease can be overwhelming and intimidating but is critical and necessary when growing your doors. Watch the video below highlighting Ray Ali from Xcel Wireless to learn best practices when negotiating a new lease.
The major takeaways from Ray are to:
Work with a realtor or lawyer that can help assist you with the verbiage of the lease.
Ensure there is no relocation clause, pre-negotiate free rent, try to get TI (tenant improvements), approval for channel lettering signage, and have renewal options with any increase predetermined.
