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Answers (2)
- Roddy de la Garza
- Contributions:2
The "fair market value' for leasing of any commerical piece of real estate is the rate that a tenant and a landlord agree to. There are no standards or set rates in commercial real estate. Seek out representation from a REALTOR who can help you negotiate terms, square footage, NNN, common area maintainance, build out allowances, renewal agreeements, ec. There are many different grades of real estate and the stronger the tenant's profile (established time in business, length of lease, guarantors on lease, credit rating, etc. the stronger a case to make to a landlord. Always remember that EVERYTHING is negotiable in real estate.
- Jackson Stith
- Contributions:1
$1 to $1.25, triple net. However, be careful of quoted rents in harlingen....there's a lot of variation in how deals are structured there (gross v. triple net v. double net, etc......also some have CAM charges, some don't and there is much variation in who maintains what). In other words, the market is variegated and creating a matrix to compare different deals is essential.
For the church, they may be able to charge you more (there may be value in paying it too) because it is better suited for your purposes. How much square footage are you looking for?
Jackson 956-357-0022
For the church, they may be able to charge you more (there may be value in paying it too) because it is better suited for your purposes. How much square footage are you looking for?
Jackson 956-357-0022
What is fair market value for commercial lease space in Harlingen
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