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.

Commercial Real Estate Professional

LevRose Commercial Real Estate Welcomes Nate Goldfarb as Senior Vice President

3 Comments / Levrose In The News, News / By LevRose Commercial Real Estate

Scottsdale-based CRE Firm Hires CBRE Veteran to Specialize in Landlord and Tenant Representation for Office Properties in the Greater Phoenix Area Scottsdale, Ariz. – LevRose Commercial Real Estate, one of the Valley’s leading commercial real estate firms, recently added CBRE veteran Nate Goldfarb as a Senior Vice President to its growing team. Goldfarb will specialize in …

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Commercial Real Estate Professional

LevRose Commercial Real Estate Welcomes Nate Goldfarb as Senior Vice President

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