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.
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
25260 La Paz Road,
Suite 2 Laguna Hills, CA 92653
Voice: 949. 455.CREN (2 7 3