In the US, that sounds rather normal for normal triple-net commercial space for a normal new business run by people without established commercial relationships.
Typically, new businesses don’t get very much credit on favorable terms without established commercial relationships.
Dealing with failing or failed businesses is just not worth the hassle for most established businesses working in the established business market segment.
Silicon Valley is probably different because the business relationships are different. And of course month to month and short lease real estate are an entirely different market segment than triple-net.
