Search results
Results From The WOW.Com Content Network
It's not uncommon for commercial landlords to take this approach too, but most are willing to negotiate terms. [4] Commercial leases on average are also longer than residential leases, at about ten to twelve years. [4] A lease for office space will typically have a five year term with the potential option to renew or extend the lease. [4]
A market leasing assumption (MLA), sometimes known as a speculative rent profile (spec rent) or market rent, is an accounting method used in commercial real estate to produce budget predictions and valuations. It is a sort of template, or standardized lease, that is applied to rental units for periods in the future when there is no contracted ...
In the United States, for example, according to the Seattle Times office space was "tight" in Seattle and Bellevue in 2013. [4] However, in 2023, the office vacancy rate in the United States had risen to 12.9%, which was seen as the highest ever since one data collection firm began tracking such statistics in the year 2000.
For premium support please call: 800-290-4726 more ways to reach us
WAULT, short for weighted average unexpired lease term, is a measurement used in commercial real estate to quickly judge the value of contracted rents in a property, or more commonly, a portfolio of properties.
Commercial real estate has beaten the stock market for 25 years ... homeowners can save an average of about $196,000 by downsizing from a four-bedroom to a two-bedroom home, according to clark.com ...
The rate on the popular U.S. 30-year fixed-rate mortgage will average around 6.0% next year and help to boost new housing construction and stimulate demand for previously owned… NBC Universal 2 ...
Effective gross income is the relationship or ratio between the sale price of the value of a property [clarification needed] and its effective gross rental income. The anticipated income from all operations of the real property after an allowance is made for a vacancy and collection losses.
Ad
related to: average rent for commercial space