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It's hard to do short term commerical leases. One the build out costs lots of money and if the owner doesn't renew you've lost $60,000. Two if you end up with
by JamesBarney 8y ago
It's hard to do short term commerical leases.
One the build out costs lots of money and if the owner doesn't renew you've lost $60,000.
Two if you end up with a successful coffee shop/bar/etc the owner can squeeze you out of every dime of profit because it's disastrous to most of these establishments to move.
It means that there's just not a lot of demand for short term commerical leases. Exceptions are seasonal stores like a Halloween or Christmas store who are happy to sign a short term lease, usually at a discount.