Lease restaurant space in Austin
Finding restaurant space is an exciting step forward for your business, but it can come with difficulties and pitfalls. The entire process of finding a suitable space and negotiating a lease is confusing by design and for inexperienced restaurant owners, it can be hard to know where to start.
If you want to find a great location and negotiate the best lease possible than you need to leverage the experience of a commercial tenant representative. From the start, your commercial tenant rep will represent you and will fight to get you a lease that sets your business up for success.
The biggest restaurant owners make when looking for a location is that they believe they can do it on their own. There are quite a few terms and conditions that are stuffed into the lease agreement that you won’t understand or know how to negotiate.
With the help of a professional agent like Commercial Lease Locators, you can avoid these problems and get the best market rate possible.
Not every agent has the knowledge or experience necessary to negotiate a good deal on commercial retail space. For the best results, only use an agent with expertise in the field of commercial real estate.
Renting or Leasing Restaurant Space Around Austin, Texas
Most restauranteurs in Austin find their ideal location in the various small to medium-sized strip malls dotted around the city. However, there is still a strong case to be made for paying the premium to secure a storefront in one of the large enclosed shopping malls that still see significant customer traffic.
Whether you have a good idea about where you want to locate your new business or you are going into the process completely blind, having an expert agent to help is invaluable. All our agents have been through the leasing process with people just like you countless times before.
We will ensure you make a good decision by analyzing things like traffic flow, nearby stores, ease of access and parking options. Your dedicated agent will be available throughout the entire process to answer your questions.
Once we have decided together on the best location, our team will explain all the intricacies and negotiate for you.
Best of all, the service we offer is free to you the business owner.
Here are the biggest mistakes we can help you avoid when signing a commercial lease.
Leasing Commercial Space for your Restaurant Business, Don’t Lose Money…
Austin is booming right now and there is strong demand for restaurant space across the city. While this means competition can be fierce for prime properties, it is still possible to secure a decently priced location with the help of a great tenant representative.
No matter where you choose to set up shop, you need to avoid these common mistakes.
So many people enter into commercial leases without understanding CAM, which stands for Common Area Maintenance and refers to extra fees charged to you by the landlord for maintenance on common areas.
Often, landlords try to sneak extra charges in via CAM fees. You also need to be careful that an aggressive increase schedule is not built into the lease. If possible, you should negotiate a ‘CAM stop lease’ which limits or freezes fee increases.
Figuring out CAPEX Responsibilities
Before signing on the dotted line, you need to be 100% clear about your responsibilities when it comes to Capital Expenditures (CAPEX). Many people have been burnt in the past when they are hit with an unexpected bill for HVAC replacement in the building! This is exactly the kind of thing that can sink your business if you are not careful.
You would be surprised at how many people agree to a commercial lease without negotiating at all. As the renter, you are making a large, long term financial commitment and you should always seek concessions from the landlord in return for this. Most commercial landlords are more than accommodating, but if you don’t ask, you won’t get!
Zoning For Restaurants
When you think you have found the perfect location, the very first thing you should do is get zoning approval for your proposed business. Just because similar business are nearby does not mean the local authorities will permit you to set up as well. The last thing you want is to sign a lease only to find you can’t use the space for the intended purpose.
With the help of a commercial real estate agent, you can avoid these common problems and many more. Start your search today by teaming up with the #1 tenant rep in Austin, TX.
Fill out the easy online form below and we’ll contact you within 24 hours.
Set Up Your Restaurant Lease With Expert Guidance
If you’re ready to find the best location for your restaurant, the first thing you should do is contact Commercial Lease Locators.
By using our services, you are guaranteed to receive top-quality customer service. Our agents will respond to your request quickly and take the time to understand your business needs.
Based on this information, we will work tirelessly to find you the perfect location and ensure that the negotiations result in a great lease.
Don’t waste your time with inexperienced agents when you can work with the best. Use the knowledge and experience of the Commercial Lease Locator team to get a great deal on your next commercial lease.
Start Your Search Today