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DO YOU KNOW ABOUT DIFFERENT TYPES OF LEASES? HERE'S JUST ONE EXAMPLE OF HOW WE CAN SAVE YOU BIG MONEY.

Square foot price alone tells only part of a story. If you don't know what it includes, you may pay 20 to 50% more than you anticipated. It's important to know there are 3 basic kinds of leases. They are:

1.  FULL SERVICE GROSS. A lease under which the tenant pays a fixed rent and the owner pays all the other operational expenses related to leased space and property including utilities, generally office space.

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2.  INDUSTRIAL GROSS OR "GROSS" LEASE. A lease under which the tenant assumes the obligation to pay for utilities and maintenance inside their unit, generally industrial space and R&D.

3.  NET NET NET LEASE. Also known as "TRIPLE- NET," is a lease under which the tenant pays all expenses, including property tax, insurance and common area maintenance, usually retail space.

With all your expenses added, a TRIPLE-NET lease could cost you as much as $.40 a square foot more than a gross lease. That's why it's good to use our expertise. Next time call:

 

COMMERCIAL REAL ESTATE NETWORK
25260 La Paz Road, Suite 2 Laguna Hills, CA 92653
Voice:  949. 455.CREN (2 7 3 6)
FAX:  949.837.3180

E-mail:  information@commrenet.com

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