What is a Full-Service Lease Rate? What does it mean and what does it include?

A full-service lease is a lease that has one, all-inclusive rental rate which includes both the base lease rate and the operating expenses combined into one figure.

What is a Mod Gross Lease rate? What does it mean and what does it include?

A modified gross lease is a lease where the tenant pays base rent at the lease’s inception, but it takes on a proportional share of some of the other costs associated with the property as well, such as property taxes, utilities, insurance, and maintenance.

A triple net lease is a lease agreement on a property whereby the tenant or lessee promises to pay all the expenses of the property, including real estate taxes, building insurance, and maintenance. These expenses are in addition to the cost of rent and utilities.

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Navigating the Zoning Maze: Impact on Commercial Real Estate

April 29, 2024

Navigating the Zoning Maze: Impact on Commercial Real Estate Let’s begin by understanding the concept of zoning. Firstly, zoning, put simply, refers to segmenting a

Navigating the Zoning Maze: Impact on Commercial Real Estate

Navigating the Zoning Maze: Impact on Commercial Real Estate Let’s begin by understanding the concept of zoning. Firstly, zoning, put simply, refers to segmenting a municipality into different areas, each with its unique set of land use rules, building regulations, and restrictions. The zoning map of a city