December Commercial Meeting
Автор: Bliss Realty for Agents
Загружено: 2026-01-08
Просмотров: 3
Описание:
Commercial Leases with Coach Philip Pickard.
Common Lease Types (Cost Structure)
Gross Lease: Tenant pays a flat rent; landlord covers most operating expenses (taxes, insurance, maintenance).
Net Lease (Single, Double, Triple): Tenant pays base rent plus some or all property expenses.
Triple Net (NNN): Tenant pays base rent + property taxes + insurance + common area maintenance (CAM).
Percentage Lease: Common in retail; tenant pays base rent plus a percentage of their sales over a threshold.
Modified Gross Lease: A hybrid where rent covers some expenses, but the tenant pays for others.
Important Considerations for Tenants
Permitted Use Clause: Ensure your specific business activities are allowed.
Exclusivity: In multi-tenant buildings, negotiate not having direct competitors nearby.
Leasehold Improvements: Clarify who pays for modifications to the space.
Taxes: Understand if local transaction privilege taxes apply to rent.
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