Types of Commercial Real Estate Leases
Different Types of Commercial Real Estate Leases is Helpful.
The owner of the building — a single owner/investor, A Group of People, An REIT, or a Commercial Real Estate
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The Four Commercial Real Estate Leases
Single-net lease
Double-net lease
Triple-net lease
Gross lease
The tenant is in charge of paying rent and property taxes.
The tent pays for rent, insurance and property taxes.
The tenant pays for rent insurance, property taxes and maintenance.
The tenant pays just for rent while the landlord/owner pays for the rent insurance, property taxes and maintenance.
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The Triple Net (NNN) Commercial Real Estate Lease is(NNN) The Most Triple net commercial real estate lease offers Popular
regular, long-term income with less risk for owners and investors. Triple-net lease investments can include a commercial property such as an office building, industrial park, a free-standing building occupied by restaurants, pharmacies and banks or a shopping mall. The lease lasts 10 to 15 years and rent goes up annually at a set rate. Tenants also like Triple-net leases because they usually pay less rent as they take on responsibility.
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Residential V/s Commercial real estate leases Commercial real estate leases
Residential real estate leases
Price quoted is based on tenant occupancy of any property space over a specific time, usually quoted in terms of rental dollars for each square foot.
Residential real estate is quoted in terms of a monthly fee (rent) or as an annual fee.
Commercial real estate leases can run one to ten years. Many offices and retail spaces rent out commercial property for five year leases or ten year leases at a time. 11/20/20
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Residential leases start often at six months and typically run for a year.
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Horizon Resources (760) 692-5205 HRI@HorizonResourcesInc.co m www.horizonresourcesinc. com 11/20/20
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