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Leasing commercial real estate can be complicated because the agreements typically contain terms and provisions written in legal language that is difficult to understand. However, a little expert guidance will simplify the process. If you want to rent office space in Lexington, KY, but you’re not sure where to start, contact Winmar Corporation to receive support every step of the way. They’ve been managing properties for over 65 years, so they understand the intricacies of the rental market. Below, they offer a guide to leasing commercial real estate successfully.

Finding the Property

commercial real estate Lexington KYRenting office space is a lot like buying a home—if you become emotionally invested in one property, you risk losing negotiating power. Consider all your options with an open mind before looking over a lease agreement, and do not stop searching until you find more than one location that meets your needs.

Once you’re ready to enter into an agreement, ask for a copy of the lease and read it carefully. Review the sections on zoning to make sure the facility can legally accommodate your business.

Signing the Lease

It is common for the terms of a commercial real estate lease to favor the landlord, though most of them are negotiable. If there is a provision you want to change, you have nothing to lose by discussing it. 

If you have never rented office space before, you may be surprised to learn that you have to sign a personal guarantee along with the lease. This is standard procedure; the document promises the landlord that if your business cannot cover the rent, you will be personally liable for doing so.

When you need a safe, attractive space for employees and clients, turn to Winmar Corporation. This family-owned company manages two corporate properties that offer distinguished office space with access to downtown Lexington. Visit their website to learn more about the commercial real estate openings they have available, and call (859) 254-5755 to discuss your needs today. 

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