Full service leases are typical of executive suites or other office leases. The times when I have seen a full service lease was when I was an office broker and the landlord would charge a set fee which covered; rent, utilities, water, gas. Some times I saw landlords include internet, phone, drinking water, use of confrence room. Make sure you clarify before you sign as "full service" will vary in everyones perspective because some landlords are more generous than others.
In retail I only do NNN leases which are described by the other broker. Sometimes we do Modified Gross leases which are the Base Rent plus a Common Area Maintenance fee which is normally a set fee per square foot unless the lease term is long and then the fee may either increase annually at a predetermined amount or based on an index.
Oct 24, 2008