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Timing is Everything: Unlock Your Lease Potential

Important Lease Dates

 

At Mirlo Real Estate Partners, we know that an informed tenant or buyer makes the best decisions for their business. That’s why our top priority is empowering you with essential insights to succeed in your commercial real estate transactions.

 

One critical area every commercial tenant must understand is the various dates and deadlines outlined in their lease agreements. Whether you’re about to sign a lease or already have one in place, this guide is a must-read!
 

KEY LEASE DATES TO KNOW:

 

Lease Execution: When the lease is officially signed by both parties.

Lease Commencement: The date your lease terms officially start.

Rent Commencement: When your first rent payment is due.

 

END DATES MATTER TOO:

 

Lease Expiration: The official end of your lease term.

Renewal Option Expiration: Your deadline to exercise renewal rights and lock in favorable terms.

 

Remember, timing is everything in commercial real estate. For existing tenants, starting lease renewal discussions 12–18 months before your ideal move-in date ensures you have leverage in negotiations.

 

Download our Essential Guide for Commercial Tenants and Buyers to keep these crucial tips handy or share with a fellow business owner!

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