Good Morning! It’s Word of the Week Wednesday! Today we will look at Triple Net Lease (NNN).
This is a legal agreement where the tenant is responsible for base rent and operating expenses.
The “triple” refers to three standard expense items: Common Area Maintenance (CAM),
real estate taxes, and property insurance. #TripleNetLease #commercialrealestate #wordoftheweek
#CAM #cre #legalagreement #tenant #realestate #Tax #Property
Commercial Partners Realty is looking to hire ambitious and motivated sales associates to join our team in the Tampa bay area! Contact us if you’re Interested at https://www.commercialpartnersrealty.com/available-positions/
The Florida Gulfcoast Commercial Association of Realtors announced their annual Pinnacle Awards, recognizing the area’s top commercial realtors. Awards are presented in multiple categories for both regional and national firms. Commercial Partners Realty is proud to announce that four of our team members received Awards for 2019. Commercial Partners Realty broker Scott Clendening was awarded…
Broker Scott Clendening of Commercial Partners Realty represented the seller, BridgePoint Church in the sale of an 11,312 SF office building located at 6735 Crosswinds Dr., St. Petersburg FL for $2,250,000. The Tyrone area office building featured in a recent St. Pete Catalyst article was sold to private investors. Located adjacent to the Tyrone…
It’s Word of the Week Wednesday! Let’s look at Accessibility. When an agent refers to this, they are talking about the convenience of entering a property. This could mean easy access from the street by a motor vehicle, property accommodations and even ADA compliance (Americans with Disabilities Act.)
Commercial Partners Realty is pleased to announce that Kevin Yeager has been with our team for a whole year! Happy 1 year anniversary! Thank you for all the contributions you have made in making our company successful.
Good morning, its Word of the Week Wednesday! Lets take a look at special warranty deed. Special warranty deed is a deed in which the seller, also known as grantor, of a property only warrants against problems or encumbrances in the property title that occurred during the grantor’s ownership.
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