Ever wonder what a triple net lease is? Why exist two lease rates? Just how much a month do I pay? Read on ...

This post is planned to clarify the world of industrial leasing for people who do not have very much experience in this location. It might even expose a couple of points unidentified to veterans also. It's a long post and I've attempted to break it up into the important sections.

To begin, leases can take various kinds of what the landlord has the ability to charge for rental quantities. The position taken is constantly from the property manager's viewpoint and how the rent collected is applied. Where leases differ is how the Operating expense that a property manager sustains over the occupancy are dealt with. This is what makes it a Gross Lease or a Net Lease.

Before I enter what makes it a Gross Lease or a Net Lease, the first thing that needs to be specified and comprehended are running costs. Operating Costs are the non-capital, money expenses a user takes place while operating the residential or commercial property. This can be the landlord or the tenant. The most common operating expense, by meaning, are residential or commercial property taxes