What the Difference between Industrial Gross and. NNN Leases for Warehouse Space?
Автор: EdisonIndustrial
Загружено: 2020-06-30
Просмотров: 244
Описание:
Frequent question from tenants and landlord of warehouse space. Edison explains that in an Industrial Gross Lease it reflects that the landlord is responsible for Property Taxes, Property Insurance and CAM (Common Area Maintenance). In a NNN Industrial Lease, rate quoted is separate from property taxes, property insurance and CAM (Common Area Maintenance). In this case, the lease rate will be broken down in: base rent + property taxes + property insurance + CAM. Tenant responsible for increases.
Note that a landlord can quote an industrial gross lease and do a NNN when the lease is done. Keep following us for the latest info on Industrial Real Estate.
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