Gross Lease (Full Service Lease)

Extremely hard to find.

Tenant: pays rent only

Landlord: Pays property tax, insurance, and all operating expenses.

Modified Gross Lease

Used as a compromise between gross and Net Leases.

Tenant: Base Rent + Some Negotiated Expenses

Landlord: Pays for remaining Operating Expenses

Net Leases

Most commonly seen in the market.

Single Net (N): Tenant Pays base rent+ property taxes.

Double Net (NN): Tenant pays base rent+ property taxes + insurance.

Triple Net (NNN): Tenant pays base rent + Property Tax + Insurance + Operating/Maintenance (CAM)

Base Rent

Asking $/SF is seldom what is actually written in the terms. This is fully negotiable. Its normal for it to increase over time but at what rate? That too is negotiable.

Tenant Improvement

Give the space the soul you want it to have. Very often the Landlord will pay either a portion or the full value of the construction build out. This is fully negotiable.

Rent Abatement

When is your business slowest? You can negotiate to lower the rent or even eliminate the rent during that season.

Lease Terms

What can you negotiate?

Below are just a few, there's a world of options in addition to these.