by Jenna Zebrowski | Aug 3, 2022 | Commercial Real Estate
CAM Expenses There are expenses included in a commercial lease agreement that can be controlled, because they can be competitively priced or bid upon by competing companies. These include services like landscaping, repaving a parking lot, or trash removal. The...
by Jenna Zebrowski | Jul 27, 2022 | Commercial Real Estate
What is a Net? A “net ” is an expense that is a cost incurred by owning a property. There are usually 3 main costs, which are: property insurance, real estate taxes, and operating expenses (or common area maintenance expenses). What kind of commercial...
by Jenna Zebrowski | Jul 20, 2022 | Commercial Real Estate, Landlord
The only revenue a landlord has is the rent, and the additional charges, it bills to and receives from the tenants. Landlords have to pay their own expenses, such as employees and supplies for maintaining the property. The landlord will charge the tenant a set...
by Jenna Zebrowski | Jul 13, 2022 | Commercial Real Estate
There are three main expenses that each landlord has to pay. The only source of income for the landlord is the rent that is paid by the tenants, so either the costs will be included in the cost of rent (gross lease) or they will be charged separately and...
by Jenna Zebrowski | Jul 6, 2022 | Commercial Real Estate
The GLA should refer to the entire property, including the space that each tenant occupies, and any common or shared areas, such as parking lots, restrooms and hallways. The GLA is the denominator in the equation the landlord will use to determine a tenant’s...
by Jenna Zebrowski | Jun 30, 2022 | Commercial Real Estate
The three “nets ” or payments (besides rent) for a commercial real estate lease are: taxes, insurance, and common area maintenance/operating expenses. A lease agreement with base rent, plus the net payments, is referred to as a triple net, or NNN, lease. Is...
