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.

Denver - LevRose

Levrose Commercial Real Estate Closes Multi-Million Dollar Property

2 Comments / Levrose In The News, Recent Transactions / By LevRose Commercial Real Estate

Surprise, Ariz. – LevRose Commercial Real Estate, a leading Scottsdale based commercial real estate brokerage closed the sale of a multi-tenant retail center in Surprise, Arizona for $2.6 million. Located at 12100 N. Dysart Road, the sale was facilitated by Mark Cassell and Trenton McCullough of LevRose Commercial Real Estate. The property was sold to …

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Denver

Levrose Commercial Real Estate Closes Multi-Million Dollar Property

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