Cityfeet Resources
 
 


Subleasing (or subletting) commercial real estate has become rather popular over the past few years for a number of reasons. It is the act of a third-party partaking in the lease transaction; the sublessee takes over a tenant's rights and obligations for a certain space until the master lease expires. Though the third-party becomes a new lessee, the primary tenant is liable (to the landlord) for damages caused by the sublessee. The original lease must contain provisions allowing subleasing, in order for one to pursue such a venture.

 

Generally, property is subleased when one needs to move quickly, or, perhaps, realizes that a long-term contract isn't beneficial (if your business is likely to rapidly outgrow a specific space). One of the large advantages of subleasing space is its availability below market rates. Generally speaking, the shorter the sublease terms, the lower the rate. Be aware that in a sublease situation, you may not be able to stay in the space beyond the expiration of the term. If you can, a "rate shock" might be imminent at lease termination. Though at times extremely beneficial, subleasing commercial property clearly has several drawbacks.

 

If one is leaning towards short-term leasing, Executive Suites and Virtual Offices may be of interest.

 
Click Here to Search Leasing Guide Listings
 Additional RESOURCES
 
©2018 Cityfeet.com - All Rights Reserved
Find Commercial Real Estate Listings - Cityfeet.com
Partner Sites:   Commercial Real Estate - LoopNet.com  Businesses for Sale - BizBuySell.com  Land for Sale - LandsOfAmerica.com

Company Overview: Cityfeet is the leading online commercial real estate network, connecting commercial real estate property owners and brokers to tenants, brokers and investors. Cityfeet offers commercial real estate products and services catering to the national and local needs of the commercial real estate industry. Cityfeet specializes in all commercial real estate property categories including office space, executive suites, commercial land, industrial property, retail space and businesses for sale. Cityfeet is the #1 source of free commercial real estate information for commercial real estate professionals and powers the commercial real estate area of many of the country's most popular websites including New York Times and Chicago Tribune. (See all partners)
 
Commercial Real Estate for Lease | Commercial Real Estate for Sale | Executive Suites | Businesses for Sale | Commercial Real Estate Broker Directory | Cityfeet Local | Cityfeet Local Site Map