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Louisville Commercial Real Estate Leases: Short Term or Long Term?

Posted on: Jan 25 18

by: admin

One of the most important decisions that you’ll need to make when you’re negotiating a commercial real estate lease in Louisville, CO, is how long of a term is right for you. Short and long-term leases each offer their own advantages and disadvantages. Read on to learn more about the pros and cons of both, so that you can choose the right solution for your company.

SHORT-TERM LEASES

Pros

– Freedom to Grow. With a short-term lease, you’ll be able to search for a larger space if your company grows quickly in the near future. This eliminates the need for you to pay for unused square footage in order to future-proof your company.

– Peace of Mind for Start Ups. While you want to begin your start-up in a positive frame of mind, the future of a brand new company is always uncertain. A short-term lease will not lock you into a space if your company doesn’t have the success you expected.

Cons

– Higher Costs. Landlords are likely to charge a higher rental rate if you’re not willing to go for a long-term lease. You’ll also have less leverage to negotiate clauses and terms if you’re unwilling to extend the lease length.

Louisville Commercial Real Estate provides commercial real state sales & Leasing to established businesses, to start ups, to property owners and to investors in the greater Louisville Colorado area

Contacts

Louisville Commercial Real Estate Brokerage: Summit Commercial Brokers, 317 West S. Boulder Rd Suite 6 Louisville, CO 80027,

Louisville Commercial Real Estate Brokerage:
Summit Commercial Brokers,
317 West S. Boulder Rd Suite 6
Louisville, CO 80027,
Phone: 303-931-7341
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