Renting a Retail Space
THE COMPLETE GUIDE
Your Companion to the Space Planning & Search Process
We'll take through everything you need to know about...
Business Planning
Mission & Market Positioning | Target Customer | Profit & Loss Sheets | Start-Up Costs | Physical Space Criteria | Sources of Funds | Team | Business Plan vs. Pitch Book
Space Search
Deal Basics:
Premises | Size | Rent | NNNs | Tenant Improvement Allowance | Delivery Condition | Availability | Term
Physical Attributes:
Ceilings | Frontage & Storefront | Signage | Loading | Venting | ADA Access
LOI & Lease Negotiation
Deal Terms - "Must Haves"
Landlord & Tenant | Premises | Project / Shopping Center/ Building | Term | Possession Date | Lease Commencement Date | Renewal Options | Rent Commencement Date & Buildout Period | Delivery Condition | Rent | NNNs | Tenant Improvement Allowance | Rent Abatement | Permitted Use | Assignment & Subletting | Utilities & Trash | Signage & Storefront | Landlord's Maintenance | Tenant's Maintenance | Brokers | Lease Form
Deal Terms - "Might Haves"
Remeasurement Right | Tenant's Construction | CAM Caps | Initial Deposit | Continuous Operations & Go Dark | Hours of Operation | Parking | Radius Restriction | Exclusive Use | Marketing Fee | Relocation Right | Outdoor Seating | Termination Rights & Kickouts | Delivery Date Delays | Permit Contingency | Plan Submission Timeline | Percentage Rent
Security Deposit Structures
Lease Negotiation Overview
Buildout & Pre-Opening
The Buildout
Introduction to Buildout Basics | The Workflow & Key Players | Architects & Engineers | General & Specialty Contractors | Deep Dive: General Contractors | All About Permitting | When Lease Terms Become Real | The Construction Process 101 | Project Management
Pre-Opening
Pre-Opening Overview | Furniture, Fixtures & Equipment | Equipment & Signage | Operations Planning | All About HR | More HR Tips | Marketing & Vendors | Recruiting & Interviewing | Hiring, Training & Soft Opening | The Final Weeks
Get Started Today!
"[This course has] broken down a lot that we would never know. There’s no way we could have known how to enter the commercial real estate world as tenants. We would have gotten a bad deal or, maybe more likely, had doors politely shut in our faces...We’re so relieved to have you working with us and, say, making sure it doesn’t feel like we’re walking unguided through the Fire Swamp, in case you’re fans of The Princess Bride. If you are, let’s just avoid The Pit of Despair. "- Jackie and Philippe Loustaunau,
experienced business owners, first time retailers
Preview this Course
Learn more about what's in store with our introductory video series, available for free!
