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FAQs


Q: As a tenant, do I owe any fees to a leasing broker?

A: No. Tenants should always consult a commercial leasing broker as the broker is most often paid by the landlord following a successful lease execution.

Q: How long does the process normally take?

A: It varies. Short, simple leases can take as little as a week, while long, complicated leases can take up to six months or longer.

Q: Will my credit be checked?

A: Yes. Most landlords will check your credit and rental history.

Q: Will any funds be due at signing?

A: Typically your first months rent and a security deposit equal to your first months rent will be due.

Q: How many spaces should I look at?

A: It depends upon your specific needs, but tenants view an average of four to five spaces prior to signing a lease.

Q: How long of a lease is typical?

A: Leases are typically one, three, five or ten years in length.

Q: When should I begin looking for a space?

A: It depends upon your specific needs, but usually a minimum of three to six months prior to your current lease expiration or timeline for occupying the space.

Q: Do I need any insurance?

A: Yes. Typically a general tenant liability policy is required under the terms of the lease.

Office Space Retail Space Warehouse Space

Lease Rates

Chico, CA Current
Office $1.56/SF/Mo
Retail $1.65/SF/Mo
Industrial $0.72/SF/Mo
Sources: Harris Commercial Real Estate Services, Reis, Loopnet. (Anomaly adjusted)

Vacancy Rates

Chico, CA Current
Office 7.1%
Retail 10.8%
Industrial 3.6%
Sources: Harris Commercial Real Estate Services, Reis, Loopnet. (Anomaly adjusted)
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