A typical commercial lease runs between 3 and 5 years with annual increases especially if the Landlord is required to perform tenant improvements whose cost is amortized over the length of the lease. An option for a similar length is customarily included. There are exceptions if a prospective tenant is willing to take the property “as is” and the commercial property owner is not required to come up with any of out of pocket monies.
How long is the typical commercial lease?
Customer Testimonials
"Paley Commercial Real Estate marketed one of our office buildings and quickly found us a solid, long term tenant. The professionalism and creativity in the negotiations were impressive."
Allen M. Lawrence
CEO – Lawrence & Associates, Inc."Jon Paley is a rare find. Full service and more. He finds us new facility locations easily and dedicates time to help our non-profit organization as well."
Sheri Strahl
VP – The Village Family Services"Thanks to resourcefulness of the entire Paley Commercial Real Estate team, we were able to close on a difficult transaction. It ended up being a win-win for everyone."
Jeff Gold
VP Real Estate – 99 Cents Only Stores"I was very pleased with the speed, professionalism, and negotiating skills demonstrated throughout our transaction. I would highly recommend your services to any organization looking for a commercial real estate broker."
Evan J. Morris
Director of Real Estate – LAUSD"I truly appreciate the time and energy given in the sale of our property. Jon Paley was on top of the environmental inspections and the negotiations went smoothly. I look forward to working with him again."
Bhupinder Mac
Multiple Franchisee – Chevron"I thought our property would be vacant for a while but was pleasantly surprised with Paley Commercial Real Estate’s ability to locate a qualified party so quickly. I will continue to recommend the company."
Joyce Dorrell
Vice President – Wells Fargo
