Understand rent structures, area definitions and the building blocks of a commercial lease.
Commercial lease basics
Understand the structure of a business lease before comparing rent or signing a commitment.
Commercial lease types explained
Compare gross, net, triple-net, modified-gross and percentage-rent structures without relying on the label alone.
Gross leases explained
Learn what a gross rent may include, what may still be excluded, and why two gross leases can produce different total costs.
Net leases explained
Separate base rent from recoverable property costs and understand how net structures shift risk to the tenant.
Triple-net leases explained
Understand NNN terminology, pass-through costs and the practical questions hidden behind a low base-rent quote.
Modified-gross leases explained
Map exactly which occupancy costs are included, capped, shared or billed separately in a modified-gross offer.
Percentage rent explained
Understand breakpoint formulas, sales reporting and operating covenants in retail and other turnover-based leases.
Base rent explained
Convert quoted rent into comparable monthly and annual amounts while keeping additional occupancy costs visible.
Additional rent explained
Identify the expenses that may sit outside base rent and create budget volatility over the lease term.
Rentable versus usable area
Understand why the space occupied by the business may differ from the area used to calculate rent.
Load factor and common-area allocation
Evaluate how shared lobbies, corridors, amenities and service areas affect the area billed to a tenant.