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A commercial leasing agreement is also called a commercial property, commercial real estate, business, industrial, and office space lease. [1] The individual in ownership of the property to be rented is called the lessor or landlord. [2] The lessee or tenant uses and rents the property owned by the lessor and provides them with monetary ...
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
In this case the actual rental period is 13 months. If the lease rate is $1,500/month, the so-called face rent, then the total rent paid by the tenant will be 1,500 x 12 = $18,000. Over the 13-month period, this means the net effective rent is $1,385/month. Similar tenant inducements are often applied to large retail and industrial units as ...
In fact, a renter on a $2,000 budget in Memphis can get 1,000 more square feet than a renter in San Jose. Here are the 10 metros where a $2,000 budget rents the most space .
In the comments, Lemire wrote that her original budget had been $2,300 per month for rent for an apartment in Boston. But since those apartments were “falling apart” she had to increase her ...
Retail CFOs might have to consider price cuts this holiday season to entice budget conscious consumers. Will Daniel, Sheryl Estrada. November 10, 2023 at 4:01 AM ...
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