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.

restaurant - LevRose

Latest Sam Fox Restaurant Opening Breaks Record, Even Amid Pandemic

7 Comments / News / By LevRose Commercial Real Estate

One of the Valley’s most prominent restaurateurs was able to break records when opening a new restaurant in mid-October. The latest location of Sam Fox’s Culinary Dropout opened in the Scottsdale Quarter shopping center. Fox Restaurant Concepts, which was purchased by The Cheesecake Factory Inc. (Nasdaq: CAKE) in 2019, has been working on this location for a …

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Latest Sam Fox Restaurant Opening Breaks Record, Even Amid Pandemic

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#CRESimplified

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Explore Careers

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