Asked by: Karelia Vareirareal estate real estate renting and leasing
What does $/ SF yr mean?
Last Updated: 25th March, 2021
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Similarly, what does $18.00 SF yr mean?
Lease rate: $15.00/SF/YR FSG. This means that if you are renting a space that is 1,000 SF then your rent per month will be: $1250/mo.
Beside above, what does $1.00 SF Mo mean? It is very important that you understand that $2.00 per square foot per month can mean a number of things. In general it is the base rent per square foot, however, what is included or excluded in that rent number is very important information.
In respect to this, what does SF Mo mean?
modified gross lease
What is $25 NNN?
The Triple Net (NNN) Lease For example, where a gross lease would be quoted as $25 per sf/yr, the triple net lease would be represented as a base rate of $15 per sf/yr plus operating expenses of $10 per sf/yr.