Maple Grove, Minnesota Retail space for lease border="0"


Maple Grove, Minnesota Retail space for lease



Why Choose Us

Things to Consider When Leasing Commercial Real Estate. It is an ideal time to lease warehouse space, office space, and retail space. For the first time in decades, the renter has a significant amount of power while seeking retail and commercial real estate for lease. Consider the following prior to signing any paper and you will significantly increase the chances of finding exactly what you seek in your exact price range:
  • Why are you renting the space?
  • For what do you intend to use the space?
  • What is your 5-year plan and your 5-year financial projection?
  • What is your price range?
  • Where is the optimal location for your intended use?
  • How might you negotiate a better deal for your specific property?
  • What general information and tips should you consider before negotiations and the signing of the lease?
If you need more information call the experts at JGM Properties in Minneapolis, Minnesota. JGM provides incredibly useful and information regarding office, warehouse, and retail space for rent in Minnesota. If you seek warehouse space, office space, or retail space in the Minneapolis and St. Paul metropolitan area, contact JGM Properties…we'll help you find a new home for your business.

Negotiating the Best Deal on Medical, Office, Retail, Warehouse, and Tech Space for Rent. Once again, you cannot go over your budget, but you must have a particular space. What do you do? Once you establish your budget, make a list of the amenities your business cannot function without, the ones you would like to have to make your life easier, and the ones you can live without for the time being.

It may be true that the current market is more conducive to the tenant today than it was 10 years ago, however the best retail space for rent is still highly competitive regardless of the market. One way established businesses are able to negotiate a better deal is to ask for a smaller deposit. If you have a proven cash flow, you will not be seen as a risk.

If you are a new company, you might consider asking for a few months rent free in exchange for paying the deposit in full. This approach may be most effective in areas that have less competition for retail space.

Do not overlook up-and-coming areas. Trendy areas or areas that are being revitalized are smart moves for the right business. Again, you must consider your business and your consumer to determine the best fit for your retail location. Businesses first to the scene in a trendy location secure the best real estate deals. Be certain to protect your long-term interests.