what is a fair yearly rent increase for a commercial/retail lease

In the central/northern new Jersey area
In Leasing Property - Asked by robert d. - Jul 30, 2015
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Answer(s)

Pamela K.
Broker/Agent
Garden City, NY

In NY, anywhere from 3% to 4 % depending on the type of lease, and the situation presented.

Jul 30, 2015
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Andrew S.
Broker/Agent
Manhattan, NY

Whatever the market can bear

Jul 30, 2015
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Sam W.
Edmond, OK

5%+

Jul 31, 2015
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Scott S.
Broker/Agent
Providence, RI

Never more than CPI per year (say 2%) otherwise the tenant will be choked out of business over time.

Aug 5, 2015
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Chris R.
Broker/Agent
Denton, TX

Obviously much depends on the circumstances that would include the market conditions of the market surrounding the property, condition of the property - ie: occupancy, availability of spaces in the property and surrounding competing properties, terms of the lease, type of lease, location of the space in the property, demand for the space (s), etc. Anywhere from 2 - 5% after review of all relevant factors and data considered.

Aug 6, 2015
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