PARKED
Retail Leasing
Thinking of doing retail leasing to upstart my real estate career.
What's upside and downside of retail leasing? I focus locations near me where I know these areas very well as well great anchor stores.
Can anyone explain what this mean, $12 /SF/Year 6 spaces with 1,800-10,000 SF? I would like learn this info.
Is there any good info I can read about retail leasing???
Which team should I present? I found an real estate lawyer who can speculate into retail leasing and master lease agreement.
Hope those are clear questions because sometimes I ask right or wrong but I'm always learning.
PARKED
40 kph
not being sarcastic - but try google or joining a RE forum for brokers and learn from there.
this means that the rent isOriginally Posted by DeafInvestor
$12 = dollars per square foot (/SF) per (/Year)
6 spaces means there is a building or whatever space is being lease that is divided into 6 spaces ranging from 1,800 square feet to 10,000 sqft (SF)
so let's say the first space is 1800 sqft. the formula to figure out the monthly rent would be $12*1800 = $21,600 this would be the yearly rent. divide by 12 (months in a year) and that would give you $1,800 /mo rent.
110 kph
I don't mean to be a jerk but if your going to ask questions at least know a little bit about what your asking. All that info can be easily found in a Google search with no effort. So why are you asking me to expend my time and effort, when you don't seem willing to on your part?
PARKED
I just recently found out about retail investing and of course, I keep learning about it from my search. I totally thought Forums are good to ask people who are expert investing properties so why now ask? There's limited info that was asked on any forums about Net Lease (NN) or Triple Net Lease (NNN) but mostly I learn from Brokers giving out great details. I do now know about these NNN are good to choose from with zero expenses but mainly focus on NOI and longer term lease as well credit rating of the company. NNN are great for investors to do 1031 exchanges. That's how much I learned right after I asked the question!
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