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Many commercial leases will pay to make renovations up front based on signing a long term lease. Many of these renovations can be in excess of the entire first
by chasedehan 7y ago
Many commercial leases will pay to make renovations up front based on signing a long term lease. Many of these renovations can be in excess of the entire first year's lease. These can be quite large expenses and the owner would need to make sure they could recoup the cost.
Some strip malls in less desireable areas work they way a residential lease would, but those wouldn't be the best place to do it.