I have no experience as an owner, however I can tell you that you should be
VERY concerned about your renewal option. Although you definitely don't want
to get stuck in an overpriced lease, if you think you're getting a good deal
(and you should definitely do your research) relative to what other commercial
propery in the proximity is costing per square foot, then you will want to
have gauranteed options to renew at a pre-set price. A good lease can actually
be equity if you end up deciding to sell down the road, plus you don't want to
build a nice business, and have your landlord double the rent on you five
years down the road after he sees the nice profit you're pulling in.
--
Cheers! - Josh @ BarSim
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