LEASING
The goal in leasing property is to attract and retain the right tenants in order to maximize value for our clients. F.C. Tucker Commercial realizes that you need more than a one size fits all approach to reach this goal.
We have years of experience in our market representing owners and investors in all types of buildings. F.C. Tucker Commercial represents clients in office leasing, industrial leasing, and retail leasing. As a partner committed to your long term investment, we analyze tenant mix, tenant representation, tenant restrictions, space configuration, competition, and market conditions to be your expert advisor who can help you achieve your business objectives.
As a team, F.C. Tucker Commercial discusses and understands current market conditions and market trends. We are skilled in lease negotiation and subleasing services. You can trust the agents at F.C. Tucker Commercial to come up with a strategy to market and lease your property at a competitive rate.
Below are some Frequently Asked Questions (FAQ) regarding Commercial Leasing:
What are the different lease types?
NNN Lease: A lease agreement that designates the lessee (the tenant) as being solely responsible for all of the costs relating to the asset being leased in addition to the rent fee applied under the lease. The structure of this type of lease requires the lessee to pay for net real estate taxes on the leased asset, net building insurance and net common area maintenance.
Gross Lease: A type of commercial lease where the landlord pays for the building’s property taxes, insurance and maintenance. A gross lease can be modified in a number of ways to best meet the needs of a particular building’s tenants.
Modified Gross Lease: A type of real estate rental agreement where the tenant pays base rent at the lease’s inception but in subsequent years pays the base plus a proportional share of some of the other costs associated with the property, such as property taxes, utilities, insurance and maintenance.
What is TI? Tenant Improvements
What is CAM? Common Area Maintenance (CAM) charges are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property.
What is a CAP Rate? Capitalization Rate equals Annual Net Operating Income divided by Cost (or Value).
What is a dinosaur credit? If a building is designated as an industrial recovery site, it may be eligible for a tax credit.