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  2. Commercial property - Wikipedia

    en.wikipedia.org/wiki/Commercial_property

    Commercial property includes office buildings, medical centers, hotels, malls, retail stores, multifamily housing buildings, farm land, warehouses, and garages. In many U.S. states, residential property containing more than a certain number of units qualifies as commercial property for borrowing and tax purposes.

  3. Common area maintenance charges - Wikipedia

    en.wikipedia.org/wiki/Common_area_maintenance...

    Common area maintenance charges (CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property

  4. Retail leasing - Wikipedia

    en.wikipedia.org/wiki/Retail_Leasing

    Retail Lease in Chicago. A retail lease is a legal document outlining the terms under which one party agrees to rent property from another party. A lease guarantees the lessee (the renter) use of an asset and guarantees the lessor (the property owner) regular payments from the lessee for a specified number of months or years.

  5. NNN lease - Wikipedia

    en.wikipedia.org/wiki/NNN_lease

    The length of the lease is also a determinant of value (e.g., 20 years of guaranteed income will be worth more 10 or 15 year terms). Generous rental increases, also known as rent bumps, add value to the lease and protect the landlord against inflation. Some leases also have a percentage rent kick in if the tenant's gross sales hits a certain CAP.

  6. Penske Truck Leasing - Wikipedia

    en.wikipedia.org/wiki/Penske_Truck_Leasing

    Penske Truck Rental is an operating unit of Penske Truck Leasing that has more than 2,500 consumer truck rental locations across the United States and Canada. Penske rents commercial semi-trucks, straight trucks and semi-trailers to businesses that haul freight. Its truck rental fleet has more than 85,000 units.

  7. W.P. Carey Finalizes Office Sector Exit - AOL

    www.aol.com/finance/w-p-carey-finalizes-office...

    W.P. Carey’s focus on inflation-linked rent escalators ensured steady income growth amid inflationary pressures. Looking Forward For 2025, W.P. Carey projects AFFO between $4.82 to $4.92 per ...

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