Commercial Lease Laws in Colorado
Don't sign a lease in Colorado until you understand the local statutes, tax implications, and common landlord traps.
Key Statutes & Considerations
In NNN leases, clarify exactly who pays for snow removal. 'CAM' charges for winter maintenance can be unpredictable.
Common Red Flags in Colorado
Commercial real estate in Colorado typically favors the landlord in standard lease drafts. Whether you are in Denver or elsewhere, you need to watch out for:
- Uncapped NNN Charges: Variable costs like property taxes and insurance can skyrocket.
- Broad Indemnification: Clauses that require you to pay for the landlord's negligence.
- Relocation Clauses: Rights for the landlord to move your business to a worse location.
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Frequently Asked Questions
Is a Triple Net (NNN) lease legal in Colorado?
Yes, NNN leases are the industry standard for commercial retail and office space in Colorado. They shift the burden of property taxes, insurance, and maintenance to the tenant.
Can I negotiate my commercial lease in Colorado?
Absolutely. Unlike residential leases, commercial leases are presumed to be negotiated between equal parties. Never sign the first draft.