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A Triple Net (NNN) Lease is a type of commercial real estate lease where the tenant on a monthly basis pays the base rent AND their pro rata share of the property’s operating expenses which include the taxes, insurance, and common area maintenance (CAM). If the property is multitenant then each tenant pays their equal …
What is a Triple Net (NNN) Lease in Commercial Real Estate Read More »
Leasing a commercial space is an important step for businesses looking to establish a physical presence, expand operations, or relocate an existing location to conduct business activities. Whether you’re a startup entrepreneur or a seasoned business owner, understanding the requirements for leasing a commercial space is essential to ensure a smooth and successful transaction. In …
What Are the Requirements for Leasing a Commercial Space? Read More »
So you’ve found the perfect commercial property to rent for your business. Now it’s time to negotiate the commercial lease terms and conditions. One of those important terms necessary to negotiate upfront is the commercial lease security deposit as this must be paid upfront when a tenant signs the lease. This financial safeguard serves to …
Understanding Commercial Lease Security Deposits in Texas Read More »
According to Austin Tenant Advisors, as of Q3 2023 the average cost of office space in Austin is $42 per square foot per year. The average class A rates are $51 SF. Average class B, $38. Average class C, $30 SF. Downtown Austin averages $59/SF. Prices vary depending on the office building class, building age and location, and …
How Much Does Office Space Cost in Austin Texas? Read More »
When it comes to buying or leasing a commercial property, working with a skilled and experienced commercial real estate broker can be incredibly beneficial. A good broker that specializes in tenant representation can help you find the right property, negotiate the best deal, and guide you through the process from start to finish. However, not …
What Questions Should I Ask a Commercial Real Estate Broker? Read More »
When it comes to viewing commercial property, whether that be office space, retail space, or warehouse space, it’s important to ask the right questions in order to make an informed decision about whether the property is a good fit for your business. Here are some key questions to consider when viewing commercial property. How Long …
Questions To Ask When Viewing Commercial Property Read More »
If you’re looking to lease retail space, there are a few things you need to take into account. Renting or leasing commercial space is a big decision—and a big financial investment. You need to be sure that the location is right for your business, and that you can afford the monthly payments and any other …
Expenses to Consider When Leasing Retail Real Estate Read More »
The commercial real estate industry is one that is constantly evolving. With new technology and changes in the economy, it can be difficult to keep up. That’s why it’s important to have a broker who is always on the lookout for new opportunities. But what qualities make the best commercial real estate brokers? In this …
Qualities That Make the Best Commercial Real Estate Brokers Read More »
There are so many factors to consider when selecting the perfect site for your retail space, and this article will break down those six most important considerations. Understanding these points can make all the difference when you’re trying to decide where to open your store – a decision that will have a profound impact on …
6 Factors To Consider When Deciding Where to Open Your Store Read More »
At any one time, across the country, there are numerous businesses looking for small retail space to rent. Competition can be strong for preferred retail locations, not only from small and medium sized local businesses but, perhaps, from some of the national and international retailers. Many retailers are, therefore, vying for the same locations which …
How to Find Small Retail Space for Rent & Negotiate the Lowest Price Read More »
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