Disclaimer: This content is for informational purposes only, you should not construe any such information as legal, tax, investment, financial, or other advice. Nothing contained on our site constitutes a solicitation, recommendation, endorsement, or offer by... Read More
Key takeaways A triple net lease is a type of commercial lease where tenants are responsible for paying rent, property taxes, property insurance, and utilities. The benefits of an NNN lease include more decision-making power, controlled costs, and stability. The... Read More
Disclaimer: This content is for informational purposes only; you should not construe any such information as legal, tax, investment, financial, or other advice. Nothing contained on our site constitutes a solicitation, recommendation, endorsement, or offer by... Read More
Key takeaways: Real estate valuation is the process of determining the official value of a property. It’s best to hire professionals to evaluate your property for you. Valuation methods include the cost approach, sales comparison approach, price per square foot... Read More
Key takeaways A percentage lease sees a commercial tenant pay a base rent plus a percentage of sales in a month. When calculating rent, use this formula: percentage rent = fixed base rent + % of sales over the break-even point. When negotiating, tenants want a low... Read More
Key takeaways Commercial leases are legal agreements between tenants and landlords for commercial real estate rentals such as retail, multifamily housing, and office spaces. The benefits of commercial leasing include easy budgeting, stability, and tax benefits. The... Read More
