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Ing to the Merriam-Webster dictionary, the word ?commissary? means ?a store for equipment and provisions.? Let's add some context to this definition. While a commissary kitchen is not a store, it is a place to keep equipment and provisions for anyone who wants to produce a food product.
Questions to Ask When Viewing a Commercial Property What type of commercial lease is being offered? ... What is the minimum lease term? ... What amenities are included? ... What insurance coverage is required? ... How much parking is allotted to the renter? ... Is there room for expansion? ... Can you make changes to the office space layout?
Questions to Ask Landlords Before Leasing Restaurant Space When do I start paying rent? ... Can I sign the lease as an entity rather than personally? ... Do I have to sign a personal guarantee? ... Why did the last tenant leave? ... Are their any liens on the space? ... Can I get an exclusive clause? ... Am I able to get a liquor license?
A Triple Net Lease (NNN Lease) is the most common type of lease in commercial buildings. In a NNN lease, the rent does not include operating expenses. Operating expenses include utilities, maintenance, property taxes, insurance and property management.