Shop Rental Proposal Sample
I. Introduction
Thank you for considering [YOUR COMPANY NAME] as your potential retail space provider. We are pleased to present this Shop Rental Proposal for Albuquerque, NM 87101, a highly sought-after retail space designed to meet your business needs. Our goal is to offer you a flexible and profitable leasing arrangement that supports your growth while ensuring a smooth and hassle-free experience.
II. Property Overview
The shop space is located in a high-traffic area with excellent visibility and accessibility. It offers a prime location for retail businesses looking to expand or establish themselves in a bustling commercial zone.
Shop Address: Albuquerque, NM 87101
Shop Size: 1,500 square feet
Floor Type: Hardwood flooring
Available Parking: 5 parking spots (shared with other tenants)
Building Age: 10 years
Property Features: High ceilings, large windows for natural light, air conditioning, and shared restroom facilities.
III. Rental Terms and Conditions
The following outlines the proposed rental terms for the lease agreement.
Rental Price: $3,500 per month
Lease Duration: 5 years (with option to extend)
Security Deposit: $7,000 (two months' rent)
Rent Payment: Monthly payments due on the 1st of each month
Payment Method: Bank transfer, credit card, or check
Start Date: January 1, 2050
End Date: December 31, 2054
IV. Maintenance and Responsibilities
Both parties agree to share responsibilities for maintaining the space. Below is a breakdown of responsibilities:
Responsibility | Landlord | Tenant |
|---|
Routine maintenance (e.g., HVAC, plumbing) | Yes | No |
Repairs and damages | Yes | No |
Interior decor and improvements | No | Yes |
Utilities (electricity, water) | No | Yes |
V. Modifications and Customization
The tenant may make improvements to the property with prior approval from the landlord. Modifications must align with building codes and should not alter the structure of the premises.
Allowed Modifications: Custom signage, interior shelving, and partitions
Prohibited Modifications: Structural changes, exterior alterations, and alterations affecting electrical systems
VI. Tenant Benefits
Renting this retail space offers numerous advantages for your business, including:
Prime Location: Located in a high-traffic commercial area with visibility from major roads.
Increased Foot Traffic: Surrounded by popular businesses and restaurants.
Modern Amenities: Air conditioning, high-speed internet access, and large windows for display.
VII. Lease Renewal and Termination
After the lease term ends, the tenant has the option to renew the lease at the prevailing market rate. Both parties will engage in discussions at least 6 months before the lease expires.
Renewal Notice Period: 6 months before the lease ends
Termination Clause: Tenant may terminate the lease with 60 days' notice, subject to penalties for early termination.
VIII. Conclusion
We believe that this shop rental proposal offers great potential for your business to thrive in a highly desirable location. Should you choose to move forward with this proposal, we are happy to discuss any questions you may have or arrange a site visit.
Prepared by: [YOUR NAME]
Email: [YOUR EMAIL]
Proposal Templates @ Template.net
