64 – Explained! The Confusing World of Rent Calculations

Good morning and welcome to Episode 64 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

In this Friday’s episode Craig boils down a lot of complicated and technical rent calculations into a simple-to-understand lesson. Even still, you might want to whip out a pen and paper.

When the site is selected and the negotiations are done and the lease is signed, even the smartest of business owners find themselves scratching their head and asking, “Now, what is my rent?” Craig explains how to break it down.

Tune in to learn how to calculate the various types of rent:
Triple Net Rent
Gross Rent
Modified Gross Rent
Full Service Rent and a possible Loss Factor

Craig’s free information on Rent Calculations.

Craig can be reached at 800-962-2419 and craigmelby@leasesmart.com and he’d be happy to share a worksheet to help you with the figures.

Have a fantastic day!

Helpful Links:

For more information, be sure to visit LeaseSmart.com

Questions about YOUR lease? Feel free to contact us for a complementary consultation to decide how we can help your company grow and prosper.

Craig Melby, CCIM, Founder
(800) 640-9141 CraigMelby@LeaseSmart.com
Nationwide Site Selection & Lease Negotiations

And don’t forget our great, free Lease Negotiation and Site Selection Advice
www.LeaseSmartPodcast.com

63 – How to Negotiate a Lease Renewal When You’re out of Time

Good morning and welcome to Episode 63 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

In this Friday’s podcast Craig shares an experience he just had negotiating a lease deal at the last minute. As Craig has taught us before, it’s best to begin negotiations about one year before your current lease expires because that is when you have more leverage. If you wait until your lease is expiring, landlords know you don’t have time to move somewhere else, and they won’t be very motivated to negotiate. This is precisely Continue reading “63 – How to Negotiate a Lease Renewal When You’re out of Time”

62 – Protect Yourself From the Downside! Use at Least ONE of These 5 Lease Clauses!

Good morning and welcome to Episode 62 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

In today’s episode Natalie interviews Craig about how retailers can find some ways to build financial protection into their leases. He has given presentations and webinars to ASTRA aka the American Specialty Toy Retailing Association teaching retailers how to make smarter deals with landlords. Continue reading “62 – Protect Yourself From the Downside! Use at Least ONE of These 5 Lease Clauses!”

61 – Flooded Office or Store? This is How Your Lease SHOULD Read!

Good morning and welcome to Episode 61 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

Craig talks about the lease clauses that protect against damages associated with flooding and natural disasters in today’s episode. If your office or store has suffered some flood damage in this 2017 hurricane season you’ll be looking at your lease to see what provisions you have for relocation. You’ll need to find a temporary place to do business for a while. But, Craig explains that you may be bound by your lease to return to your location when your landlord has completed all necessary repairs. Well, what if repairs take a long time? Certainly the demand for construction work will be high for a while. Listen in as Craig gives some negotiating tips. Continue reading “61 – Flooded Office or Store? This is How Your Lease SHOULD Read!”

60 – National Bicycle Dealers Assoc.: Prospering in Today’s Shifting Environment

Good morning and welcome to Episode 60 of The LeaseSmart Commercial Real Estate Podcast, brought to you by LeaseSmart.com. Your host is Craig Melby, the founder of LeaseSmart, whose objective is to find companies the best facilities and get them the best terms, making their business more profitable and less vulnerable to future, unpredictable circumstances.

In today’s episode Craig welcomes guest Todd Grant of the
National Bicycle Dealers Association. The NBDA boasts 1000 members and 20 years in leading bicycle shops. Continue reading “60 – National Bicycle Dealers Assoc.: Prospering in Today’s Shifting Environment”