Commercial real estate is different.

Commercial real estate is about more than just the rent amount or purchase price to be paid. Other factors impact the value of the commercial property and the role it plays in your business and with your bottom line. It’s complicated.

Leasing and Purchasing

When it comes to leasing:

  • If the landlord sells the property, does the lease agreement stop the new owner from kicking you out?

  • Will you have the right to extend the lease if your business is going well?

  • If business isn’t going well, will you have any options to get out of the lease?

When it comes to purchasing commercial real estate:

  • How do you know that there aren’t any liens that the seller neglected to mention?

  • How do you know that the tenant rents are what the seller says they are?

  • Is the property zoned for the business you want to put there?

These are just some of the questions that need to be addressed in any commercial real estate transaction.

The terms of commercial leases and purchases are negotiable.

This means that you don’t have to just accept what a landlord or seller is offering; there’s room for modifications. You need terms that work for you now, but also can work for you as you grow.

Here’s the thing: do you know what should be in your documents to protect you? And do you have the time to make sure that the appropriate language is in your lease? Having a commercial real estate lawyer who knows leasing can help you complete a lease or purchase deal that works for you and your business.

We Can Help You:

  • Secure the best space to house your business

  • Structure a lease agreement and transaction that will accommodate the growth of your business

  • Assist you in acquiring property that will serve as an asset

Nebolaw Commercial Real estate

How We Help:

  • Negotiate a commercial lease for office, retail, or industrial space

  • Perform due diligence and closing services in connection with real estate loans (including Small Business Association [SBA] loans)

  • Negotiate your purchase and sale transaction

  • Prepare closing documents

  • Draft purchase agreements

  • Provide strategic counsel on how to best acquire or dispose of property interests

  • Analyze the title history of a property you own or in which you have an interest to identify and resolve any title issues

  • Draft real estate documents (e.g., deeds, leases, options, easements)

Related posts

Blog
How to Research a Franchise Before You Buy
How to Research a Franchise Before You Buy

Purchasing a franchise is a significant investment that requires careful research and planning. From conducting a SWOT analysis to exploring franchise opportunities, there are essential steps every potential franchisee should take. Our guide outlines how to identify the right franchise, explore funding options, and conduct thorough due diligence. With the right strategy and support, you’ll be better equipped to make informed decisions and confidently embark on your franchise ownership journey.

A Professional Audit: Building the Right Team for Your Franchise
A Professional Audit: Building the Right Team for Your Franchise

Starting a franchise is an exciting journey, but having the right support is essential for success. There are other professional services to help franchisees, including insurance specialists, lenders, franchise search consultants, and business mentors. Each provides crucial guidance, from managing risks and securing financing to choosing the best franchise and addressing skill gaps. Building a strong support team enables you to navigate the complexities of franchising with confidence and establish a solid foundation for long-term success.

A Personal Analysis: A Critical First Step to Choosing the Right Franchise Opportunity
A Personal Analysis: A Critical First Step to Choosing the Right Franchise Opportunity

Before diving into franchise ownership, it’s important to conduct a personal analysis to determine if the demands align with your strengths, limitations, and goals. This process helps you assess key areas like physical health, risk tolerance, family support, working hours, and management skills. Taking the time to reflect on these aspects will guide you in choosing the right franchise opportunity that fits your lifestyle and ambitions.

Don’t Skip This Step:  10 Critical Questions to Ask Franchisees Before Signing a Franchise Agreement
Don’t Skip This Step:  10 Critical Questions to Ask Franchisees Before Signing a Franchise Agreement

Before signing a Franchise Agreement, thorough research is crucial. One of the best ways to assess whether a franchise is right for you is by speaking directly with existing franchisees. Our 10-question guide provides key insights to help you navigate these conversations and make an informed decision.

Steps to Become a Franchisee
Steps to Become a Franchisee

Franchising is a great business model – for those who understand how it works and are a good fit for it. It can be lucrative to buy a franchise and a great way for someone to get into business using a proven system.

Buying a Business - What’s the Process?
Buying a Business - What’s the Process?

Buying a business is a big deal. Even if the purchase is at a lower purchase price, your money, your time and your resources are still at stake. Making a good decision is important. Buying smart is critical.

In Business, Pick one Thing and . . . Focus on It
In Business, Pick one Thing and . . . Focus on It

For small business owners, the balance between working in the business versus working on the business can be a difficult one to strike. We often find ourselves putting out fires or addressing short-term issues, instead of focusing on taking actions that will result in long-term growth and profitability for the business.

The Franchising Model Is Unique
The Franchising Model Is Unique

Franchising is different. Unique. It is unique because (1) you’re dealing with a concept that has already been proven, (2) that concept comes with instructions, and (3) there is a third party who has a direct financial, ongoing interest in your success - the franchisor. It’s a great model for some. Is it the right model for you?