Maya Travel Business,information,real estate,reference Commercial Real Estate Leasing Guide

Commercial Real Estate Leasing Guide

A commercial lease agreement allows a business to rent a commercial property from a landlord and is significantly different from residential leases. Having a guide to negotiating commercial leases and how to negotiate leasing office space is invaluable as there are many costly mistakes that can be made, as well as missed opportunities with lease agreement terms. 

Read below and discover how to navigate a commercial lease and secure the right property for your business.

Define the Commercial Space You Want to Lease

Before looking for commercial real Estate, you need to define the parameters of the building or space you want and need. Having a list of qualities such as budget, office space size, must-have amenities, accessibility, and Security can help limit your search for commercial real estate to lease. 

Accessibility, for example, is important to consider, whether customers will be coming to the property or not, as it’s important that your employees can get there as well. Consider the foot traffic, what kind of neighboring businesses are around, parking space, and proximity to public transportation. 

How is the Commercial Real Estate Zoned?

Commercial zoning is important to consider as different buildings fall within different uses. For example, a warehouse and office space are both considered commercial property but will be zoned for different types of businesses. The type of zoning dictates what type of business can make use of the commercial space and is typically local jurisdiction.

When choosing where to look for commercial Spaces, check with your local chamber of commerce or zoning regulations based on ZIP code. This will help you narrow your search even further so you can focus on which commercial lease to look into. 

Types of Commercial Leases

Once you’ve narrowed down what a commercial building must have, your budget, and where zoning permits you to do business, you can look at the commercial leases offered by the different properties. It’s important to consider what type of commercial lease is appropriate for your business needs as well as the details of each lease. There are three primary types of commercial real estate leases:
 

Full-Service Lease

This is the most common type of commercial lease and usually with office space. Essentially, the landlord is responsible for the expenses of the property like taxes, insurance, maintenance, janitorial services, and utilities. There are no hidden costs and enables businesses to accurately budget for their monthly and annual lease payments.
 

Net Lease

A net lease agreement is typically cheaper in annual rent, but can also include monthly “usual costs,” such as property insurance, taxes, and common area maintenance items. These leases can be single, double, or triple net:

  • Single: the tenant pays rent plus a pro-rata share of the building’s property taxes
  • Double net: the tenant pays a portion of the property insurance on top of rent and property taxes
  • Triple net: the tenant pays the pro-rata share of property taxes, property insurance, and common area maintenance items. These are more common with restaurant and retail commercial spaces. 
     

Modified Gross Lease

This type of lease is a mix of full-Service and the net lease. For example, a commercial tenant might pay for their portion of the property taxes, insurance, and common area maintenance items, but in a lump sum along with the rent. The benefit here is that the rent is fixed without any hidden costs or sudden expenses. The utilities and janitorial services are covered by the landlord and if the taxes, insurance, or common area maintenance items increases the rent still stays the same. 

Find a Broker to Facilitate the Commercial Lease

Commercial real estate leasing can be intricate and costly when mistakes are made or to get out of, if you’re able to at all. It’s important to have a commercial real estate agent or a tenant broker to help guide you through the process and go over the leases for the building or office space with you. Here at Goodale & Barbieri, we provide tenant representation to help our clients secure the right commercial space for their business. As one of the largest developers, property managers, and a leading real estate firm, we understand what to look for with tenants and the nuances of negotiating a lease, as well as the market. Since 1937 we’ve handled properties of all sorts and currently have over 4 million square feet of commercial property. Discover more about working with experienced experts by following the link below.

Goodale & Barbieri | Leasing Guide

Related Post

What is the SSA Work History ReportWhat is the SSA Work History Report

The SSA Work History Report (Form SSA-3369) allows claimants to list all jobs they held for the last 15 years before they could not work due to illnesses, conditions, or injuries.

The SSA Work History Reports help the Disability Determination Services (DDS) to understand how your illnesses, conditions, or injuries prevent you from being able to perform your past relevant work.

Through this form, the SSA (Social Security Administration) determines what jobs you can do and whether your options are limited enough for you to qualify for benefits.

How Your Work History Impacts Your SSDI and SSI Claims

If you’re 49 years old or younger, the work history report is less crucial to the SSA’s decision to grant you disability benefits. At said ages, the administration may only use the report to identify other occupations you can do with your transferable skills.

But if you’re aged 50 and above, the work history report becomes important in proving your disability and receiving your benefits. In said age range, you are considered under the GRID rules.

The vocational GRID rules are based on your work history report. If you stated that your job as a janitor involved mostly sitting down when, in fact, you were on your feet all day, this could potentially preclude you from disability benefits.

How Your Work History Impacts Your SSDI and SSI Claims

Skill transferability becomes an issue as SSA must determine jobs using the same tools, work processes, and industry as those used in your relevant past work experience.

SSA may struggle to transition you to other vocations when you’re 50-55 years old as you’re “Approaching Advanced Age” under GRID rules. If you’re above 55 years old, SSA may only offer you jobs you can do that are sedentary work with no transferable skills.

SSA has two goals when reviewing your work history report:

  • Determine jobs you can still do despite your illnesses, conditions, and injuries.
  • Determine if your job options are limited enough that you qualify for disability benefits.

Therefore, your goals upon filling out your work history report are:

  • List out your transferable skills for the last 15 years before the date of your disability to avoid getting unskilled, dead-end jobs.
  • Give a clear picture of the nature of your past jobs of the said 15 years to prove why you can no longer do them due to your disability.

The Importance of Employment Information Accuracy in Your Work History Report

SSA will use whatever you include in this form about your past work. People often make errors filling out this form, and DDS can then use their own answers against them, affecting their chances of getting SSDI and SSI benefits.

For example, a person could list jobs beyond the last 15 years or fill out the form like a job application, bolstering their old positions. SSA can use the faulty information to deny them disability benefits and prove they can return to their old jobs.

Tips for Filling Out SSA’s Work History Report Form

Here are some fast tips on filling out your work history report as accurately as possible:

  • Use your old W2 forms to help you remember your job history and how much you made with them within the 15 years before your disability.
  • Never write your job title; write the job that you did. For example, if your Professional title is production associate who assembles air conditioners, you can write “air conditioner assembler” to fully show the nature of your work.
  • This is not the time to make yourself look better. For example, if you’re a salesman in a shoe store, you may want to write it down as manager. This will only make DDS mistake you for employment skills that you don’t have and may list down work that you can do that requires managerial skills.
  • A job is a job, even a part-time one, that lasts more than six months, and your earnings from it are above the substantial gainful activity.
  • Every job requires lifting, even office jobs, which occasionally require lifting boxes of papers. Include what objects you have lifted in your job description, and search the web for how heavy they are.
  • Never leave a question unanswered. If the question doesn’t apply to you, write “n/a” for not applicable. If you’re unsure about the answer, simply write “unsure.” This way, your submission will not be marked as incomplete.

Benefits of Working with a Social Security Disability Representative

Doing government paperwork can be daunting. Most people would rather be done with it as soon as possible. However, completing the Work History Report is one of the most crucial documents to submit. While SSA can learn about your health from your medical records, their only reporting about your work history is you.

If you do it right, it works to your advantage. If not, your work history report can work against you.

Having a Social Security Attorney by your side can increase your chances of getting viable job options and claiming SSI and SSDI benefits.

Let Us Help You: No Benefits, No Fee

Are you seeking assistance with your SSA Work History Report in Washington, Idaho, Oregon, or California? Look no further than the Marken Law Group. Our team will guide you through the complexities of SSA Work History Report-related matters and act as your representative. We don’t charge you unless we successfully secure the benefits you’re entitled to.

Ready to make your Work History Report more manageable? Schedule a free consultation with us today.

Marken Law Group | SSA Work History Report

Caring For Your Dental Crowns: A Guide For PatientsCaring For Your Dental Crowns: A Guide For Patients

If you have a dental Crown, you may be wondering how to properly care for it. There are a few simple Steps to ensure your crown remains strong and functional for years

The first 24-48 hours after getting a crown

If you just got a new crown, take a little extra care when eating for a day or two. Whether you opted for a CEREC ceramic crown, resin, or metal, avoid eating sticky, hard. and chewy food. Nuts, caramel, popcorn, and ice can loosen or dislodge crowns. For a few days, eat softer foods. Good choices for nutrient-dense soft foods include cooked vegetables, fish or tofu, and yogurt.

Routine tips to care for a crown

Once you feel more comfortable, care for your like any other tooth. After all, there is still a tooth beneath the crown. Your crown will need care to keep gum disease and decay at bay.

Brush and floss regularly

It’s important to maintain your oral hygiene routine when you get a new crown. Brush twice a day with gentle pressure in a circular motion. This ensures the area around the crown is well-cleaned without causing damage to the dental work itself. Floss your teeth as usual to remove food particles and plaque. Make sure to floss both sides of the crown with soft dental floss.

Avoid hard and sticky foods

Avoiding hard, sticky foods is a good rule of thumb. Sticky foods can cause damage to teeth and crowns. Chewing on sticky foods like caramel or hard candies can loosen your crown. Avoid these foods and help your crowns last for years.

Be mindful of your habits

Mindless habits, including clenching teeth, biting nails, or chewing on pens can wreak havoc on your teeth. When your teeth or crowns encounter another hard surface, they crack or chip. If these habits are hard to break, talk to Dr. Frahm about treatment options. A custom-fitted night guard to help protect your investment.

Regular checkups and cleanings

It goes without saying that you should continue with your regular dental checkups to maintain your overall oral health. During your visit, Dr. Frahm will check on your crowns and your teeth and gums to ensure there are no signs of damage or decay.

Visit our office for regular cleanings to maintain your oral health and keep your dental work looking its best. Our gentle hygienist uses technology and clinical tools to carefully remove plaque around your crowns. She also polished your teeth to restore their luster.

Your dental health is of the utmost importance to us. If you are ever unsure of how to care for your crowns or need a brush-up on ways to maintain your oral hygiene, we’re here for you. Our holistic approach to dental care always keeps your long-term wellness in mind.

Learn more and check out our guide below. 

Dr. Sarah Frahm | A Guide For Patients

5 Key Elements to Keep in Mind While Selecting a Local Construction Partner5 Key Elements to Keep in Mind While Selecting a Local Construction Partner

Finding the right construction partner for your commercial project is essential. A contractor with the right combination of skills, experience, and resources can guarantee your project finishes on time, within budget, and to high standards. Here are five important factors to consider. Talk to us Commercial Construction Companies

Understanding of the Local Market

A contractor who knows the local market provides invaluable insights into region-specific challenges and opportunities. This includes navigating local building codes, regulations, and Weather patterns. Such knowledge guarantees a smoother construction process.

Strong Portfolio

Evaluate contractors with a strong track record. Look for projects that mirror yours in scope and challenge. Testimonials, case studies, and reviews can shed light on their capabilities and reliability. We fit the bill NU Construction

Comprehensive Expertise

The best contractors provide comprehensive services and maintain expertise in different construction aspects. This includes everything from pre-construction Planning to post-construction maintenance. A wide service range leads to a cohesive and economical construction project.

Effective Communication Strategies

Open dialogue is essential to any project’s success. Your contractor should keep you updated, be open regarding challenges, and be responsive to your inquiries. Effective communication ensures the smooth running of the project.

Financial Reliability

Frequently forgotten, a contractor’s financial stability is critical. An economically stable contractor is less likely to experience disruptions during your project. They should provide proof of their financial health, including insurance, bonding, and banking relationships.

Picking the perfect construction partner is a pivotal step for your project. By focusing on these five areas, you can select a partner that exceeds your expectations, guaranteeing a successful and smooth build. 

Call us Commercial Construction Companies

-