I am searching for a coffee shop space to lease in Brooklyn. What will my monthly lease
Question:
I am searching for a coffee shop space to lease in Brooklyn. What will my monthly lease expense be? What will my lease expense cover and not cover? What other costs besdies the lease will I have to pay?
What neighborhood positves and negatives I should be aware of that could impact the business?
Do you know who was the previous tenant in the space? Any idea why the tenant moved out?
Please include all resources you use.
These articles will help.
https://corporatefinanceinstitute.com/resources/accounting/net-lease/
Net Lease: What You Need to Know A net lease is a commercial lease agreement where the tenant pays base rent and some or all property-related expenses, such as taxes and maintenance.
https://www.loopnet.com/
Managerial Accounting Decision Making and Performance Management
ISBN: 978-0273764489
4th edition
Authors: Ray Proctor