Retail

• Purchase Price and Financing – Compare the purchase price with your budget and explore financing options to ensure affordability.
• Operating Costs – Assess ongoing costs such as property taxes, insurance, maintenance, and utilities. Determine if these costs are sustainable over the long term.
• Return on Investment - Consider the potential return on investment through appreciation, rental income, or resale value.

LEASE COSTS

• Rent Structure - Understand the base rent and any additional costs such as common area maintenance (CAM) fees, property taxes, and insurance.
• Lease Terms - Review the length of the lease and renewal options. Shorter leases with renewal options can offer flexibility to adapt to market changes.
• Hidden Costs - Look for hidden costs including utilities, repairs, and any build-out responsibilities.