how do i negotiate build out especially if in the service industry (beauty } and intend to not move

I am looking to lease with long term intentions of staying at the location how can i negotiate build out?
In Leasing Property - Asked by Magdalen l. - Sep 9, 2013
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Answer(s)

Aaron L.
Broker/Agent
Charlotte, NC

Magdalen - i assume you're working with a landlord. Ask for a proposal outlining the business points of a lease proposal. Prepare yourself with a space plan, and a General Contractor estimate of the time and expense for your plan. Ask the landlord for an equivalent amount of tenant allowance, and free rent - that might be induced by offering to lease for a longer period of time, for example 5 years instead of 3 years. Give yourself some negotiating room on all points, but realize you may end up paying a premium rent, if you're essentially financing your build-out thru the landlord concessions.

Sep 10, 2013
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Rick H.
Broker/Agent
Panama City Beach, FL

OK. A good way to do is figure out the price for the buildout, divide over the term of the lease with terms. ex: Buildout is $10,000, owner will lend you at 10% rate and you will sign a 5 year lease. So each year it will cost $2000 plus $200 for interest total $2200 per year/12=$184 per month estmimated. 10% is the norm, but some will do for less if they want the tenant bad enough. Hope I helped...

Sep 11, 2013
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