Retail for lease in District 4

What are the key considerations when renting a business space, according to the provided information?
When renting a business space, it's essential to consider the following points:
1. Determine the Product/Service and Business Type:
  - Identify what product or service you're offering and define your target customer base before choosing a business location.
2. Identify the Target Customers:
  - Determine demographic factors (age, gender, location, income, education, interests, marital status, etc.).
  - Psychological factors: Understand the emotional and experiential aspects influencing buyers' decisions.
  - Influential individuals/groups: Consider friends, family, community trends, or celebrities who might impact purchasing decisions.
  - Analyze customers who have used similar products/services or those of your competitors.
3. Specify the Space Requirements:
  - Determine the needed floor area, orientation, storefront, rental cost, and other criteria such as infrastructure, security, and traffic flow.
4. Choose the Right Area:
  - Define the area based on districts, proximity to schools, industrial zones, or specific business requirements.
5. Negotiation Principles for Renting:
  - Invest time in negotiating the rental price and contract terms fairly and reasonably.
  - Keep emotions in check; if the space doesn't meet your criteria, be prepared to look for alternative options.
6. Draft a Proper Lease Agreement:
  - Ensure the lease agreement covers essential points: area size, rental price, security deposit, lease duration, handover condition, and handover date.
  - Opt for notarization to validate the legal status of the contract.
When renting a business space, it's essential to consider the following points:
1. Determine the Product/Service and Business Type:
  - Identify what product or service you're offering and define your target customer base before choosing a business location.
2. Identify the Target Customers:
  - Determine demographic factors (age, gender, location, income, education, interests, marital status, etc.).
  - Psychological factors: Understand the emotional and experiential aspects influencing buyers' decisions.
  - Influential individuals/groups: Consider friends, family, community trends, or celebrities who might impact purchasing decisions.
  - Analyze customers who have used similar products/services or those of your competitors.
3. Specify the Space Requirements:
  - Determine the needed floor area, orientation, storefront, rental cost, and other criteria such as infrastructure, security, and traffic flow.
4. Choose the Right Area:
  - Define the area based on districts, proximity to schools, industrial zones, or specific business requirements.
5. Negotiation Principles for Renting:
  - Invest time in negotiating the rental price and contract terms fairly and reasonably.
  - Keep emotions in check; if the space doesn't meet your criteria, be prepared to look for alternative options.
6. Draft a Proper Lease Agreement:
  - Ensure the lease agreement covers essential points: area size, rental price, security deposit, lease duration, handover condition, and handover date.
  - Opt for notarization to validate the legal status of the contract.

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Retail for lease in District 4

Price: 22++ (usd/sqm/month)

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