Compare your Lease Rate
Are you getting the best deal on your lease? Comparing lease rates can be confusing since most buildings have different leasing structures. Having a commercial real estate agent compare lease rates with these factors in mind will help you with an ‘apples to apples’ comparison.
Fully understanding these different lease types could help you to find a great location with a fair price.
- Full service gross lease. All operating costs are included. Base rent, NNN costs, utilities and cleaning.
- NNN lease. Base rent is included but other charges such as utilities and cleaning are not usually included.
- Hybrid lease. Providing a NNN lease with additional services is becoming a popular way for buildings to attract tenants. Additional utilities, cleaning or other operating expenses are sometimes included in the price.
- Full service gross lease, NNN costs, NNN lease, TTT net lease, Hybrid lease, Modified Gross Lease, Common Area Maintenance, CAM Fee
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5 Tips to Finding your Perfect Space
- Identify business needs
- Buy versus lease
- Specific industry considerations
- Planning and critical thinking
- Finding a commercial real estate agent
