What is included in asking price on an industrial lease?

In Leasing Property - Asked by TERRI W. - Aug 2, 2009
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Answer(s)

Chris S.
Broker/Agent
Coeur D'alene, ID

It all depends and it varies from one property to the next. There are a couple of standard lease structures out there and they include.
FSG - Full Service Gross where everything is included in the rate.
MG - Modified Gross (sometimes called Industrial Gross), whereby the tenant pays the rent plus maintenance and utilities.
NNN - Triple Net where the tenant pays rent plus a share of all expenses.
Each of these formats can be modified for the specific circumstances. Smaller multi-tenant industrial is most frequently leased on some form of a modified basis.

Aug 3, 2009
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Commercial A.
Appraiser
Los Angeles, CA

You may find some sampleses on our website:

Aug 7, 2009
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Gregory G.
Broker/Agent
San Francisco, CA

As Chris mentioned it varies. Is it NNN or Gross?
http://www.gregorygarver.com

Sep 1, 2009
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