Key Takeaways:

Commercial leases are much more complex than residential leases, and everything is typically negotiable

New business owners should assemble a team of professionals (broker, attorney, lender, etc.) to help them navigate the leasing process

Determining the right amount of space for your business can be challenging, so it's important to physically tour spaces and get a sense of the space needs

Landlords typically prefer longer-term leases (5+ years) but may be willing to do shorter terms for new businesses if they have a solid business plan

Having a detailed business plan can help differentiate your business and give the landlord confidence in your ability to succeed