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Commercial Real Estate Investing

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Kristina Modares
Pro Member
  • Real Estate Broker
  • Austin, TX
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99
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Commercial Lease: Who pays?

Kristina Modares
Pro Member
  • Real Estate Broker
  • Austin, TX
Posted Dec 1 2016, 11:17

I recently closed on a property in San Antonio. Half of it is a commercial property...a bakery. My insurance company is requiring a few different repairs. One is "clean the cooking equipment ventilation ductwork". I'm currently working on a lease for these tenants as they were month to month with the previous owner. I was wondering if anybody has experience with restaurants. What's fair/standard for the tenant to pay for and what should the building owner pay for?

Any advice or information would be great! Thank you.

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