Commercial lease tips?

[Neal A.]

We recently acquired a cmx-1 property and have a small commercial unit. 

I’m very familiar with residential leases but less familiar with commercial. I’ve worked one up from a few resources.

Anyone have specific verbiage or lines that they include in their comm leases? 

Additionally for those small storefronts in philly, have any tips for how best to advertise? 

[Jared Burns]

Hi Neal, 

In a commercial context, I would always include language providing for Confession of Judgment, which allows for a quicker eviction process. It's a LL remedy that only a few states allow, PA being one of them, and the requirements for making sure it's enforceable are pretty strict, so I would definitely consult with an attorney who works in this space.