Commercial Lease | Tomarchio Enterprises

3 Reasons to Lease a Retail Space

When it comes to finding a retail space for your business, you have the option to either buy or lease real estate. Many business owners love the idea of owning their business location outright, but there are more benefits to leasing than you may realize. Here are a few of the best reasons to lease a retail space for your business. Reason #1: It's Less Expensive Buying a retail space requires much more from you than leasing. Most business owners must take out a loan and finance their purchased property, and typical SBA loans require [...]

Common Questions About Commercial Real Estate

Whether you're in the process of purchasing a commercial property or are considering acquiring a physical location for your business, there are a few things you should be aware of. Here's how to ensure you're best prepared for the business adventure that awaits. Q: How much space do I need for my business’s commercial property? A: The general rule for commercial real estate space is leasing about 250 square feet per employee. However, the type of business you conduct and the services you offer greatly contribute to this number. If your business requires a waiting [...]

6 Questions to Ask About Your Commercial Lease

If you’re starting a new business, one of the most important jobs you have is to pick a commercial space that will suit your company best. Commercial leasing can be quite complicated, but here are some helpful questions you can ask yourself to ensure everything is in order when it comes time to finalize your lease. Do I fully understand my lease? The lease for your new commercial space might be long and intimidating, but you need to make time to read it thoroughly. Make sure you understand what all of the key terms mentioned [...]