Letter of Intent
SUBMITTING THE LETTER OF INTENT
Upon completion of a successful walkthrough and our pre-LOI meeting, we collaborate with you to determine the key priorities unique to your personal and financial situation, goals and the many strengths and weaknesses of the desired location. There are 22 critical items to negotiate and balance out to maximize the lease negotiation process and achieve your location and economic goals:
- Lease Terms
- Security Deposit (refundable)
- Rental Abatement
- Permit Contingencies
- Broker’s Commission
- Rental Rates
- Renewal Terms
- Tenant Improvements
- CAM/NNN
- Corporate Signature
- Parking Allowance
- Franchisor Addendum
- Personal Guarantee
- Lease Execution
- Sublease Assignment
- Signage Regulations
- Exclusivity
- Early Termination
- HVAC
- Vanilla Shell
- Build-out Period
- Demolition Costs