Commercial Leasing 101

3. Negotiating a lease for office or retail space can be an intimidating process for newer business owners. Learn the basics during this class.
In this class, you will learn:
Leasing lingo and the ABC’s of lease language
Basic Lease Structures
Common Pitfalls
Pitfalls to Avoid
Questions or things to ask yourself and whether this is a good fit for you...
1. Do you know the difference between a triple net (NNN), full-service or modified gross lease?
2. How do you calculate how much a lease will cost you on a monthly basis?
How has Covid impacted the commercial real estate market?

[@christopherhillsofficial]

This came up on my suggestions! Thank you!!!

[@andicostello]

Hope you like it!

[@wandapearson6782]

Thank you! Great presentation!

[@andicostello]

Glad it was helpful!

[@marinajanjic7014]

Thanks Andi! Great info!

[@andicostello]

Glad it was helpful!

[@kidpoker1000]

I am an owner in Montana, have a pole barn with office space

[@andicostello]

Are you owner occupied or renting out the pole barn?

[@mindfulwellnesscounseling5717]

Great information, Andi!

[@andicostello]

Thanks for watching! Glad it was helpful!

[@dsmith7969]

God bless you thanks for the informational videos I'd like to actually be in the real estate field actually being apart of the industry

[@andicostello]

It is a great industry to work in.

[@BagsEsquire]

Great vid!!

[@andicostello]

Thank you!

[@phyliciahinkle5037]

Thanks!

[@andicostello]

My pleasure!

[@ahwuang]

Hi Andi, your video tutorial is amazing! May I ask: what would be a gross up ratio by average for four storey office building with two elevators and three levels of underground parking?

[@andicostello]

This would depend on the property location and taxes on the property.

[@ahwuang]

@@andicostello sorry I did not realize you had replied me until just now. The storage office unit is in downtown Vancouver, British Columbia. I know you are in the neighbouring country. Otherwise I would love to retain you.

[@ahwuang]

@@andicostello strata office. Not storage office.

[@sabasworldfamous]

Hello Andi - I am a recent real estate broker (IL). I want to focus on commercial sales. Can you recommend a book/online class for a beginner? Thank you.

[@andicostello]

Congrats on joining the industry! This industry is great because you can learn and earn at the same time. There aren't a ton of commercial RE books, but see what your local library has available and search for CRE podcasts and maybe some youtube videos.