Whenever you do a thing, act as if all the world were watching.
23
Aug2018
Tenant’s Pro-rata Share of Electric - Building Square Footage: 10,000 s.f.
Tenants Rentable Square Footage: 5,000 s.f.
Monthly Electric Bill: 1,500 Tenants Share of Electric bill 5,000 / 10,000= .50%
Monthly Electric Bill 1,500 x .50 = $750/month
Annual Cost for Electric 750 x 12 months = 9,000/year
August 23, 2018Lynn Drake
22
Aug2018
Net/Net/Net also shown as n/n/n -
A lease requiring the tenant to pay, in addition to a fixed rental rate, the expense s for the property leased. These usually include the following: janitorial taxes, insurance and maintenance. Be careful with these types of leases or else the landlord will have the ... Read More
August 22, 2018Lynn Drake
09
Aug2018
Janitorial Math Space Footage Leased: 5,000 Cost/Square
Foot for Janitorial: $1.50 5,000 s.f. x $1.50/s.f. = 7,500/year
7,500 / 12 months = $625/month
August 9, 2018Lynn Drake
06
Aug2018
Interested in learning more about commercial real estate?
Whether you are looking to move soon or just investigating your options, it is im-portant to stay informed. Because we are a tenant-only, representative your interests are our number one priority.
If you want to stay informed about commercial real estate, sign up for ... Read More
August 6, 2018Lynn Drake
03
Aug2018
The Challenge:
Motor City Dance Factory was in a 5,000 sq ft, one-story office building in Southfield, Michigan. Their original loca-tion did not have high enough ceilings for the dancers and gymnasts. There was not enough parking, and the business had outgrown the space long ago.
What We Did:
Compass Commercial worked with ... Read More
August 3, 2018Lynn Drake