Commercial Lease - The next waive of
defaults?
If you are falling behind on your commercial lease we can help
you.
A commercal lease is any real property lease on commercial
property or commercial lease space. A commercial lease can also be on business equipment. FMC
Services can evaluate your commercial lease and determine whether you are being charging
above market. With factual local market information we can make the case for you and save you potentially
thousands of dollars each and every month.
A commercial lease modification may be right for you and securing a commercial lease
modification may be the best decision you have made in a long time. However professional help is recommended
because although commercial lease modifications are being done right now, if you act alone and fail to make
your case, you may not prevail or may come short of the potential financial relief you might otherwise
attain.
All commercial leases are not equal. Some commercial leases are fairly straight forward
while other commercial leases are dozens of pages of fine print legalese that is designed to heavily favor the
landlord. We start by evaluating your particular commercial lease or commercial leases if you have
several leases in effect. Then we evaluate your financial situation, which by the way is held in the
strictest confidence. With your authorization only the pertinent information necessary to make your case
is divulged to the landlord or commercial property owner.
Then we compare your situation with the commercial leasing going on in your local
market. We compare commercial leasing in your niche industry specifically and whenever possible to make the
strongest, most relevant case on your behalf. Obviously commercial leasing comparisons of outdated or
irrelevant information would not serve you well.
That is why we research your local property rates including such things as local market
density and negative absorption. Local property rates and trends that demonstrate negative absorption help
make your case and make it strongly in your favor. At the rate of decline of local property rates can be very
telling and can motivate a landlord or commercial property owner to make appropriate concessions rather then become
part of a trending statistic.
Then there is the particular commercial rental rates that are being paid per the type and
class of construction. When evaluating commercial rental rates it is important that an apples to apples
comparison is made. Commercial rental rates comparisons should be made on multiple factors.
When a business owner goes to lease commercial, business decisions include
traffic count, visibility in terms of signage and ease of ingress and egress. Likewise when making
comparisons these factors need to be taken into account. When you lease commercial property you also need
to consider how well a particular lease space will suit your businesses needs. For example you would
not lease commercial property that was not properly zoned if special zoning requirements were needed for
your type of business. Likewise we make comparisons that take into account all the intrinsic
variables of your particular type of business in making comparisons and making the case for a lease
modification on your behalf.
Call us today and find out if a commercial lease modification is right for
you.
If you are a landlord or commercial property owner who is finding it increasingly
burdensome to meet your commercial mortgage payment a commercial loan modification may be right for
you. FMC also provides commercial loan modification services for commercial property owners.
Request your free initial consultation today. Call 800-279-5122 or request online.
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