How to find property to lease for your business

By Mark Schecter

If you are thinking about leasing property for your business, you are not alone.

Many business owners are choosing to lease instead of buy. There is more than enough real estate available in Florida, and landlords are offering incentives to attract good tenants.

Your timing is good but before you kick off your search, consider 3 things: your budget, the type of property you need, and location.

1. Your budget

What you can afford to pay will determine where you can conduct business. This is why setting a budget should be the first step in your search. Once that’s done, you can focus on finding a suitable property you can afford.

2. Type of property

There are different types of commercial properties to consider. You can lease a warehouse to store your products; a retail storefront that is convenient for your customers; or an office space that overlooks some of Florida’s beautiful landmarks.

3. Location

Location, location, location… is one of the most important factors to think about when searching for real estate. The seemingly “right” property in the wrong place can cause you to lose money.

Before you make a decision consider:

Do you need reliable parking for your customers and employees? If so, an office building with a covered deck is probably more appealing to you than a storefront that only offers curbside parking.
Do your customers rely on public transportation? Consider a location they can access by train and/or bus.
Do you prefer an office that overlooks some of Florida’s hottest attractions and landmarks? If so, turn down spaces that overlook vacant buildings and unkempt alleyways.

Finding the right property for your business will take time. It’s not a process you will finalize overnight.

Consider your budget, the type of property and location you prefer, as well as the needs of your customers before you make the final decision.

If you want help navigating the commercial leasing process, click here to email us or give our Fort Lauderdale lawyers a call at (954) 779-7009.

Tags: commercial lease, landlord, tenant

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