Frequently Asked Questions

Read below to learn more about leasing, rental rates and things to consider when diving into a new lease.

 

Questions About Leasing

  • How long of a lease would you like signed?

    • Typically we prefer 3-5 years.

  • Can I sublease?

    • Typically, yes as long as the sublease has the same qualifications or better than the original tenant.

  • How much does it cost to move in?

    • Usually it is the first month’s rent and a security deposit equal to the last month’s rent.

  • Who do I contact if I need something fixed?

    • Our properties are professionally managed by C&R Real Estate which is a locally owned and operated property management company. Each property is assigned an asset manager who is responsible for answering your questions, and dispatching service calls to the property. Upon move in, you are introduced and given his/her contact information.

Questions About Lease Rental Rates

  • What is a “Gross Full Service” lease rental rate?

    • Under this rate the Lessor pays for all utilities (except telephone and data), including janitorial.

  • What is a “Modified Gross” rental rate?

    • Under this rate, the Lessee usually is responsible for all the cost of utilities, garbage, janitorial, etc.

  • What is a triple net (NNN) rate?

    • Commonly used when leasing retail or industrial property. The Lessee is responsible for all utilities, janitorial, garbage, and their share of property taxes, insurance and common area maintenance for the building.

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