what is turn key?

When the Landlord offers to provide a turnkey improvement.
In Leasing Property - Asked by Dylan R. - Sep 15, 2017
Report Abuse
Answer this Question

Answer(s)

George T.
Broker/Agent
Murrieta, CA

as the name implies, turn the key and move right in. It is a space that is ready for immediate occupancy, you just "turn the key" and move right in. It may have all the improvements for the buyer or tenant to move right in.

Sep 15, 2017
Report Abuse
Sam G.
Corporate Investor
Bohemia, NY

move in and ready to operate

Sep 16, 2017
Report Abuse
Phavel R.
Broker/Agent
Miami, FL

Ready to move in

Sep 16, 2017
Report Abuse
andy l.
Owner/Investor
Hicksville, NY

nothing else needs to be done property is ready as is

Sep 17, 2017
Report Abuse
elisabeth s.
Owner/Investor
Pinellas Park, FL

Take over fully operate business and make money right away and ready for immediate occupancy

Sep 17, 2017
Report Abuse
Jient L.
Tarzana, CA

"Turn key" is an opinion, an adverb describing, summarizing the Operation or an acquisition: "Ready to collect money; nothing else need to do".

Sep 18, 2017
Report Abuse
Steve S.
Property/Asset Manager
Durham, PA

Stabilized properties. These are properties that don't require any valued added requirements

Sep 24, 2017
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question