Common use of Typical Length of Lease Clause in Contracts

Typical Length of Lease. The length of the lease depends on many factors; however, a typical restaurant/retail lease is approximately 3-10 years. Lease Agreements for Multifamily Properties Multifamily properties can serve as a residence, however, the general purpose of the property type is for investment. The multifamily classes include anything from a duplex up to a high-rise apartment building. Smaller properties are commonly purchased by new investors looking to make a profit on the property (by renting it out). Larger properties such as mid-and high-rise apartments and found in larger markets and are managed by sizable groups. Let’s take a look at the breakdown of lease agreements for multifamily properties: Type of Lease Agreement. In most cases, a Gross Lease will be used. Common Leasing Terms to Negotiate or Include. Lease renewal, Pet Policy, Alterations/Maintenance, and Subletting. Automatic Lease Renewal. Sometimes. Typical Length of Lease. Typically, one-year. Lease Agreements for Industrial Properties Industrial properties include warehouses and factories—and are often large spaces outside of town. Superior industrial properties are close to major transportation routes and are up to code for their unique manufacturing purposes. The most common types of industrial properties include heavy manufacturing properties, flex warehouse space, bulk warehouse space, and light assembly structures. Let’s look at a breakdown of lease agreements for industrial properties: Type of Lease Agreement. Popular types of lease agreements used for industrial properties include: a Gross Lease, a Modified Gross Lease or a Net Lease (Double Net Lease or Triple Net Lease). Common Leasing Terms to Negotiate or Include. Rent Escalation, Lease Renewal, Use Clause, Parking, and Environmental Indemnity. Automatic Lease Renewal.

Typical Length of Lease. The length of the lease depends on many factors; however, a typical restaurant/retail lease is approximately 3-10 years. Lease Agreements for Multifamily Properties Multifamily properties can serve as a residence, however, the general purpose of the property type is for investment. The multifamily classes include anything from a duplex up to a high-rise apartment building. Smaller properties are commonly purchased by new investors looking to make a profit on the property (by renting it out). Larger properties such as mid-and high-rise apartments and found in larger markets and are managed by sizable groups. Let’s take a look at the breakdown of lease agreements for multifamily properties: Type of Lease Agreement. In most cases, a Gross Lease will be used. Common Leasing Terms to Negotiate or Include. Lease renewal, Pet Policy, Alterations/Maintenance, and Subletting. Automatic Lease Renewal. Sometimes. Typical Length of Lease. Typically, one-year. Lease Agreements for Industrial Properties Industrial properties include warehouses and factories—and are often large spaces outside of town. Superior industrial properties are close to major transportation routes and are up to code for their unique manufacturing purposes. The most common types of industrial properties include heavy manufacturing properties, flex warehouse space, bulk warehouse space, and light assembly structures. Let’s look at a breakdown of lease agreements for industrial properties: Type of Lease Agreement. Popular types of lease agreements used for industrial properties include: a Gross Lease, a Modified Gross Lease or a Net Lease (Double Net Lease or Triple Net Lease). Common Leasing Terms to Negotiate or Include. Rent Escalation, Lease Renewal, Use Clause, Parking, and Environmental Indemnity. Automatic Lease Renewal. Sometimes.

Typical Length of Lease. The length of the lease depends on many factors; however, a typical restaurant/retail lease is approximately 3-10 years. Lease Agreements for Multifamily Properties Multifamily properties can serve as a residence, however, the general purpose of the property type is for investment. The multifamily classes include anything from a duplex up to a high-rise apartment building. Smaller properties are commonly purchased by new investors looking to make a profit on the property (by renting it out). Larger properties such as mid-and high-rise apartments and found in larger markets and are managed by sizable groups. Let’s take a look at the breakdown of lease agreements for multifamily properties: Type of Lease Agreement. In most cases, a Gross Lease will be used. Common Leasing Terms to Negotiate or Include. Lease renewal, Pet Policy, Alterations/Maintenance, and Subletting. Automatic Lease Renewal. Sometimes. Typical Length of Lease. Typically, one-year. Lease Agreements for Industrial Properties Industrial properties include warehouses and factories—and are often large spaces outside of town. Superior industrial properties are close to major transportation routes and are up to code for their unique manufacturing purposes. The most common types of industrial properties include heavy manufacturing properties, flex warehouse space, bulk warehouse space, and light assembly structures. Let’s look at a breakdown of lease agreements for industrial properties: Type of Lease Agreement. Popular types of lease agreements used for industrial properties include: a Gross Lease, a Modified Gross Lease or a Net Lease (Double Net Lease or Triple Net Lease). Common Leasing Terms to Negotiate or Include. Rent Escalation, Lease Renewal, Use Clause, Parking, and Environmental Indemnity. Automatic Lease Renewal.

Typical Length of Lease. The length of the lease depends on many factors; however, a typical restaurant/retail lease is approximately 3-10 years. Lease Agreements for Multifamily Properties Multifamily properties can serve as a residence, however, the general purpose of the property type is for investment. The multifamily classes include anything from a duplex up to a high-high- rise apartment building. Smaller properties are commonly purchased by new investors looking to make a profit on the property (by renting it out). Larger properties such as mid-and high-rise apartments and found in larger markets and are managed by sizable groups. Let’s take a look at the breakdown of lease agreements for multifamily properties: Type of Lease Agreement. In most cases, a Gross Lease will be used. Common Leasing Terms to Negotiate or Include. Lease renewal, Pet Policy, Alterations/Maintenance, and Subletting. Automatic Lease Renewal. Sometimes. Typical Length of Lease. Typically, one-year. Lease Agreements for Industrial Properties Industrial properties include warehouses and factories—and are often large spaces outside of town. Superior industrial properties are close to major transportation routes and are up to code for their unique manufacturing purposes. The most common types of industrial properties include heavy manufacturing properties, flex warehouse space, bulk warehouse space, and light assembly structures. Let’s look at a breakdown of lease agreements for industrial properties: Type of Lease Agreement. Popular types of lease agreements used for industrial properties include: a Gross Lease, a Modified Gross Lease or a Net Lease (Double Net Lease or Triple Net Lease). Common Leasing Terms to Negotiate or Include. Rent Escalation, Lease Renewal, Use Clause, Parking, and Environmental Indemnity. Automatic Lease Renewal.

Typical Length of Lease. The length of the lease depends on many factors; however, a typical restaurant/retail lease is approximately 3-10 years. Lease Agreements for Multifamily Properties Multifamily properties can serve as a residence, however, the general purpose of the property type is for investment. The multifamily classes include anything from a duplex up to a high-high- rise apartment building. Smaller properties are commonly purchased by new investors looking to make a profit on the property (by renting it out). Larger properties such as mid-and high-rise apartments and found in larger markets and are managed by sizable groups. Let’s take a look at the breakdown of lease agreements for multifamily properties: Type of Lease Agreement. In most cases, a Gross Lease will be used. Common Leasing Terms to Negotiate or Include. Lease renewal, Pet Policy, Alterations/Maintenance, and Subletting. Automatic Lease Renewal. Sometimes. Typical Length of Lease. Typically, one-year. Lease Agreements for Industrial Properties Industrial properties include warehouses and factories—and are often large spaces outside of town. Superior industrial properties are close to major transportation routes and are up to code for their unique manufacturing purposes. The most common types of industrial properties include heavy manufacturing properties, flex warehouse space, bulk warehouse space, and light assembly structures. Let’s look at a breakdown of lease agreements for industrial properties: Type of Lease Agreement. Popular types of lease agreements used for industrial properties include: a Gross Lease, a Modified Gross Lease or a Net Lease (Double Net Lease or Triple Net Lease). Common Leasing Terms to Negotiate or Include. Rent Escalation, Lease Renewal, Use Clause, Parking, and Environmental Indemnity. Automatic Lease Renewal. Sometimes.