Top 12 Mistakes Tenants Make When Leasing Space (part 3 of 12)

#3 Most Common Mistake

Underestimating Upfront Costs

Not having enough cash budgeted and available for soft costs and build out. Initial rent and security deposit, legal fees, architectural design, licenses/permits all must be considered as well as the hard costs of building out a space. Be prepared to get several estimates and a realistic picture of upfront costs before signing a lease. Have financing in place so delays don’t arise due to not being able to complete the work needed to open for business.

Featured Posts
Posts are coming soon
Stay tuned...
Recent Posts
Search By Tags
No tags yet.
Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square