Comparing Properties For Lease
Below is a list of common terms used in marketing space for lease. Knowledge of these terms will help the prospective renter with a meaningful comparison of properties and lease rates. These terms may be seen in retail, office or warehouse space.
- Class A buildings
- Class B buildings
- Class C buildings
- Rentable / Leasable Square Feet
- Flex Space
- Pass Throughs
- Common Area Maintenance (CAM)
- Gross lease / Full Service
- Triple Net lease (NNN)
- Modified
- Per Square Foot Rate
- Build Out Allowance
- Zoning
- Traffic Count
