and all overhead costs associated with owning the property: taxes, insurance, operating expenses, utilities, etc. As a result, the base rental amount can become a key negotiating term. Because the tenant is taking on the risk of the landlord's overhead, they may be able to negotiate a mo...
The term "Operating Expenses" shall mean all expenses, costs and disbursements (not specifically excluded from the definition of Operating Expenses below) of every kind and nature which Landlord shall pay or become obligated to pay because of or in connection with the ownership, maintenance, repair...
Control of an asset:Having a triple net lease (NNN) can allow you to maintain control of an asset without having to tie up cash in equity. So, when the lease term ends it can provide some additional options. You could either repurchase the asset, return and relinquish it, or even negot...
COMMERCIAL LEASE. (a) sixty-six (66) year term, (b) rent to be paid as the greater of fifty thousand dollars ($50,000.00) (subject to a 12% escalation once every five Sample 1 SaveCopy COMMERCIAL LEASE. 6 THIS LEASE is entered into as of July 25, 2007 (the 7 “Effective Date”...
Typically, the higher the value of a property, the higher the base rent the landlord will ask for. However, the more leverage you have as a tenant, such as a long-term lease requirement, a large size requirement, good credit, etc., the more you should be able to negotiate that rate ...
Lease Months 85-96 $17.71 NNN $147,583.33 Lease Months 97-108 $18.21 NNN $151,750.00 Lease Months 109-120 $18.71 NNN $155,916.67 As used herein, the term “Lease Month” means each calendar month during the Term (and if the Commencement Date does not occur on the first day of ...