What things to look out for, or provisions to include in a lease when leasing to an auto repair shop?

We are thinking of leasing part of our commercial property to an auto repair shop. We have checked the zoning and it is allowed. What are some of the pitfalls of this? Benefits? What should include in the lease to protect ourselves? Is there a special lease template for these types of tenants?
In Property Management - Asked by H K. - Feb 28, 2011
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Answer(s)

Kristi T.
Broker/Agent
Orland Park, IL

EPA.....make leasee responsible if they contaminate the ground!

Feb 28, 2011
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Robert C.
Broker/Agent
Oakland, CA

Contamination of your property is no.1 problem with this industry. Incorporate provisions that allow you to inspect the property and waste disposal records, add insurance provisions specific to contamination issues, order Phase one & two inspections to establish integrity of soil. If the land is paved or concrete is very useful against oil leaks. If they default on rent, they typically drop waste services, so be diligent during those times. Good Luck

Apr 29, 2011
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