What is the typical rate a broker charges for a land/ground lease or lease a building??

In Leasing Property - Asked by Sam N. - Nov 24, 2008
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Answer(s)

Peter G.
Broker/Agent
Whittier, CA

I recently completed a lease of an industrial building and my fee was 1 months rent. Let me know if I can be of assistance

Nov 24, 2008
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Charles R.
Broker/Agent
Fort Myers, FL

Typically we charge 3-6% of the total base rent. i.e. if the total anual base rent, which (excludes, taxes and CAM charges) is $50,000 and it is a five year lease then the commission would be 6% of 5 x $50,000 or $250,000 which would be a commission of $15,000. Hope this helps.
Charles R. Harris
Prudential FL Realty
239 482-5700

Dec 1, 2008
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