How do you analyze commercial property?

One of the common methods used to evaluate a commercial property is to compare its capitalization rate (also known as cap rate) to that of similar properties. This is calculated by dividing the property’s sale price by the net operating income.

What is a commercial lease agreement in Georgia?

Generate an official Georgia commercial lease agreement. The Georgia commercial lease agreement is a written contract between a landlord and a business. The lease allows the business to rent commercial spaces such as office space, retail stores, or warehouses in exchange for rent.

How to review a commercial real estate lease?

Watch out for provisions that give the landlord the right to recapture the premises or terminate the lease in the event you seek to assign or sublease the space. On the flipside to exit strategy considerations, consider the possible need to expand your premises in the future.

What should be included in a commercial lease agreement?

The first thing that needs to be included in a commercial lease agreement is the information for the involved parties. This includes names for the owner and renter as well as any contact information that’s available for both. In addition, a full description of the property should be provided. This should include the address.

What do you need to know about leasing a property?

As a tenant, you want to be assured that the landlord has the right to lease the premises to you and otherwise perform under the lease. Accordingly, it is important to verify that the landlord is, in fact, the record owner of the property.

Generate an official Georgia commercial lease agreement. The Georgia commercial lease agreement is a written contract between a landlord and a business. The lease allows the business to rent commercial spaces such as office space, retail stores, or warehouses in exchange for rent.

What do you need to know about a commercial lease?

Tenants will generally want to obtain liability and personal property protections for themselves. In some cases, the landlord will require these policies to protect the landlord from being added to a claim against the tenant. The lease should also spell out signage and similar rights. Is the tenant allowed to erect a sign, and who pays the costs?

Can a rent review be done on a commercial lease?

Commercial leases in England and Wales have traditionally provided for ‘upwards only’ reviews, where the new rent negotiated cannot fall below the rent the tenant was paying before the rent review, even if market rents have fallen.

Can a landlord enter a commercial property in Georgia?

Landlords may enter a commercial property whenever they want, as long as they do not interfere with the commercial tenant’s business. Georgia requires the landlord of a commercial property to insure the property against fire and other basic risks.