Lease rates per square foot: NNN vs Gross lease?

[Sean]

Anyone care to share what their lease rate per square foot is? Also what type of lease they have NNN or Gross?

 

Or put another way whats your lease per month and how much square feet does that cover?

Edited April 2, 2014 by Sean

[mccannable]

I am at $9.2 gross plus state sales tax(hopefully this is gone soon). It's a bit high for our area but a great location and nearly fully equipped. Plus our landlord is not a real estate mogul so very easy to work with.

 

The other place was about $6 but had a lot of unusable space, warehouse style, and had no equip and needed some zoning help.

[Sean]

You mentioned

 

I am at $9.2 gross plus state sales tax(hopefully this is gone soon). It's a bit high for our area but a great location and nearly fully equipped. Plus our landlord is not a real estate mogul so very easy to work

 

 

Thanks for the reply. What do you consider fully equipped? I.e lifts etc are owned by landlord?

Edited April 1, 2014 by Sean

[mccannable]

2!Lifts, compressor, oil tanks, and various others helpful items.

[RyanGMW]

We rent a large shop of 11,000sq ft for 5k/mo gross lease. Has 2 lifts and overhead oil reels, plus waste oil/waste coolant storage tanks. It is low for our area but was built as a dealership and has a 1400sq ft parts department storage I hardy use...

[Sean]

I am surprised that more people haven't shared their info this could be a helpful thread to those starting out. I for one almost payed double what the going rate should be and this was the sole factor that made negotiations of a shop I wanted to purchase fail.

Edited April 18, 2014 by Sean