Updated over 9 years ago on . Most recent reply
Commercial Retail Lease
A friend of mine is looking to rent out a retail space for his restaurant. Here is an outline of the basic terms:
-1200 SF
-Lease Term: 10 years
-Monthly Rent: $12,000
-High Traffic in Beverly Hills, CA
How would you guys negotiate security deposit, rent abatement, TI, and option terms. We already have LOI drafted up, but I'm just curious to see what all of you guys think.