What are the lease term types?
Flat Graduated - step up/step down lease Revaluation - periodic adjustments Index Percentage - % of business volume
What are the two bases in commercial leases?
Net Lease - landlord pays OPEX
Gross Lease - tenant pays for some or all OPEX
What are the rental types
Contract rent
Scheduled rent
Market rent
Effective rent - net of financial concessions
Deficit rent - lease executed in weaker market
Excess rent - lease executed in stronger market
Percentage rent - % of gross sales
Overage rent - % of gross sales in excess of a specified amount