May have a convenience market, Laundromat, dry cleaner, etc. Examples might be home improvement centers, gift shops, or auto service and sales. Free Standing Store - One commercial building meant to be occupied by an single user. It is typically found near major shopping centers on major routes, and fills a specific need in the area. Commercial - A string of stores in a commercial area with no central leasing, management, or theme.
Several centers feature separate additional promotional fees.
That is, the total rent per year per square foot. The first step in analyzing market rents is to compare all leases on an equal basis. In comparing rents it is imperative that the type of lease is known and understood. All operating expenses and utilities are paid by the landlord. Absolute Gross Lease - Is the same as Gross Lease, however, the rent includes utilities.