Arkansas Space For Lease For Gym

State:
Arkansas
Control #:
AR-988LT
Format:
Word; 
Rich Text
Instant download

Description

This is a commercial lease form for the State of Arkansas. It is for leasing a building for any use, such as an office. This lease is very detailed and includes provisions addressing the areas of lease term, payment of rent, later charges, utilities, condition of premises, security deposits, default, termination, right of re-entry, holdover, and many other legal clauses. Make changes to suit your needs and agreement with your lessee.

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FAQ

How to Calculate Commercial Rent:Take Your Price Per Square Foot.Multiply That by Your Total Square Footage.That Gives You Your Total Annual Rent.Divide by Twelve for Monthly Rent.

Rentable Square Feet The portion of common space attributed to a specific tenant is calculated by taking their pro-rata share of the building's total square footage. For example, if a tenant leases 10,000 SF in a 100,000 SF building, 10% of the building's common space will be attributed to that tenant.

Meaning of $/SF Year in the Commercial Rental Industry In the commercial leasing industry, $/SF/year or $/SF/yr means the rent per square foot per year. Why is this important? This is because most commercial rental rates are usually quoted in dollars per square foot on an annual basis.

Lease Rate: $20.00 /SF NNN (Estimated NNN = $3.25/SF), meaning the base rental rate is $20.00 per square foot per year and the property expenses, which include property taxes and insurance, are estimated to be $3.25 per square foot per year, though they can fluctuate from year to year.

Leased space means the individual storage space at the self-service facility which is leased or rented to an occupant pursuant to a rental agreement.

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Total Space Available: 280 sq. ft. Find commercial real estate for sale or rent in your area or sell property to local buyers.Shop commercial property and office space near you. Welcome. Find Your Perfect Space. View Brixmor's full commercial leasing portfolio to find available retail space in your market.

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Arkansas Space For Lease For Gym