When leasing retail or shopping center property do have to pay yearly or monthly?

I plan to open an ince cream shop and would like to know do have to pay yearly or monthly?
In Leasing Property - Asked by Shamika L. - Jul 25, 2009
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Answer(s)

Davide P.
Broker/Agent
Pinole, CA

I have personally never seen someone demand tenants pay yearly. What you probably will see is that you personally guarantee the lease. In other words, if 2 years into a 5 year lease your shop fails, you have to show you can still be able to pay the lease for another 3 years. This is where complications can come in (i.e. sublease restrictions) and getting a professional to advise you on the contract is necessary.

Jul 25, 2009
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Gregory G.
Broker/Agent
San Francisco, CA

What is a nice cream shop?
http://www.gregorygarver.com

Sep 1, 2009
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