Please don’t lease until you carefully review the difference in our lease terms and the triple net lease terms of others.
Many times a low rent is quoted at triple net leasing terms. Triple net means that fees for property taxes, insurance, dumpster, storm water fees and common area maintenance are added to the rent. This could add 30% to the quoted rent. In addition the costs of all maintenance are the tenants’ responsibility.
Our lease terms are called modified gross. Our rents include property taxes, building insurance, water, sewer, dumpster, storm water fees and common area maintenance. Tenants are responsible for taxes on their real property, “Renters” insurance on their contents and liability coverage in case of damage to others in the building and interior maintenance like lighting bulbs and ballasts, HVAC filters, toilet and sink repairs.
We have been doing commercial leasing for flex spaces this way since 1999.The benefit of our lease terms start with simplified accountability. Your facility costs are rent, renters insurance and utilities.
Currently in our Business Park we have a limited number of 1,500, 3,000 Sf units and only (1) 3,500 Sf unit. Each is unique in floor plan layout. Some are 100% air conditioned in offices and work areas. Some have a/c in office only. All are heated. Some have 3-phase power and all have 200 amp services. All have front glass entry doors and rear ground level overhead doors at least 10x10.
PLEASE call or email me so we can discuss what you need and I can send you details on the unit that best fits you and your business. Don’t lease elsewhere and then read it after you signed to find out the true cost.
Jerry Fleeman - Construction-Real Estate-Development
PS. We have a month to month lease option on approved credit. No long term lease obligation.