Celebrating 10 years! 2007-2017

Commercial sublease - normal for subtenant to pay sublandlord tax, insurance costs?

When subleasing a commercial space is it standard to require sillydood08/29/17
eh... it's negotiable. Lease $3000 Tax: $250 Insurance: dingbat08/29/17
It all depends on the local market. Supply and demand. In alphadog1508/29/17
https://wolfstreet.com/2017/06/24/h aunting-photos-of-shutter triplesix08/29/17
Like others said, not out of the realm of possibility. Depen 3lol08/29/17
Common enough. It's called a "Triple-Net Lease." https://w jeffm08/29/17
sillydood (Aug 29, 2017 - 2:03 pm)

When subleasing a commercial space is it standard to require the sub tenant to pay for tax, insurance costs on property?

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dingbat (Aug 29, 2017 - 3:57 pm)

eh... it's negotiable.

Lease $3000
Tax: $250
Insurance: $250

or

Lease: $3500

Same difference

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alphadog15 (Aug 29, 2017 - 6:54 pm)

It all depends on the local market. Supply and demand.

In midtown Manhattan you can charge a commercial tenant for pretty much everything (also known as a triple net lease). Perhaps not so much the case for commercial tenants in some bumfck rust belt town, where they are practically paid to rent locations With a host of tax credits and rebates.

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triplesix (Aug 29, 2017 - 7:05 pm)

https://wolfstreet.com/2017/06/24/haunting-photos-of-shuttered-stores-on-madison-avenue/

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3lol (Aug 29, 2017 - 9:59 pm)

Like others said, not out of the realm of possibility. Depends on market factors, the space being leased, etc.

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jeffm (Aug 29, 2017 - 10:19 pm)

Common enough. It's called a "Triple-Net Lease." https://www.google.com/search?q=what+is+a+triple+net+lease&rlz=1C1CHBF_enUS754US754&oq=what+is+a+triple+&aqs=chrome.2.0j69i57j0l4.7904j0j7&sourceid=chrome&ie=UTF-8

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