Lease Incentives

Lease incentives are benefits or discounts offered by a landlord to attract tenants to rent a property. These can include rent reductions, free months, furnishings, or improvements to the space. Essentially, they are negotiable perks that reduce the overall cost or enhance the value for the tenant during the lease term. Lease incentives help make a property more appealing and can assist tenants in managing initial costs or customizing the space to their needs. They are common in commercial and residential leasing as a strategic way to secure tenants in competitive markets.