Commercial Lease Cost

That’s because commercial properties have a rent price for space a tenant actually occupies and a rate for common areas. Finding the total cost per square foot requires knowing the rent for the rented space, the rent for the common space, the total size of the building, the size of the tenant’s area and the size of the common area.

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BREAKING DOWN ‘Lease Rate’. In commercial real estate, the lease rate is the cost to occupy the space, commonly stated as a dollar amount per square foot of space per year. The lease rate can also be stated in terms of dollars per month, as with a rental agreement, or even dollars per year.

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Consider the cost of rent before leasing commercial property. Depending on factors such as market conditions and the location of the property, it may be.

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Known in the industry as a triple net lease, many commercial tenants also pay the building's real estate taxes, property insurance and maintenance costs, thus.

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Many commercial leases include some type of rent escalation clause, which allows the landlord to increase the rate of your rent either on a.

In a net lease, the landlord charges a lower base rent for the commercial space, plus some or all of "usual costs," which are expenses associated with operations, maintenance, and use that the landlord pays.

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