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  2. NNN lease - Wikipedia

    en.wikipedia.org/wiki/NNN_lease

    NNN lease. In commercial real estate leases in the United States, the tenant, rather than the landlord, is usually responsible for real estate taxes, maintenance, and insurance. In a "net lease", in addition to base rent, the tenant or lessee is responsible for paying some or all of the recoverable expenses related to real-estate ownership.

  3. WAULT - Wikipedia

    en.wikipedia.org/wiki/WAULT

    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. It is one of the many key performance indicators (KPIs) used in the field. A WAULT is the product of currently contracted rental income ...

  4. Net effective rent - Wikipedia

    en.wikipedia.org/wiki/Net_effective_rent

    Net effective rent. Net Effective Rent, sometimes Net Effective Rate, or NER for short, is a measure of the expected income from a tenant, seen mostly in commercial real estate. It is the net present value of all the rental payments over the period of the lease, as well as any abatements or incentives that might add to or lower these payments.

  5. Commercial property - Wikipedia

    en.wikipedia.org/wiki/Commercial_property

    A commercial office/retail building. Commercial property, also called commercial real estate, investment property or income property, is real estate (buildings or land) intended to generate a profit, either from capital gains or rental income. [1] Commercial property includes office buildings, medical centers, hotels, malls, retail stores ...

  6. Retail leasing - Wikipedia

    en.wikipedia.org/wiki/Retail_Leasing

    A lease for office space will typically have a five year term with the potential option to renew or extend the lease. Role of a Broker. It is not uncommon for commercial leases to involve a commercial real estate broker, unlike residential agreements. A broker often works for the landlord on commission.

  7. LoopNet - Wikipedia

    en.wikipedia.org/wiki/LoopNet

    LoopNet was founded in 1995 by Dennis DeAndre. Working alongside engineer Steve Midgley, the two built LoopNet into the internet's largest commercial real estate listing service. LoopNet underwent three rounds of private venture capital financing in 1997 (Indo Suez), 1998 (Trinity Capital & Partners) [1] and $20 million in 1999 from fourT5 real ...

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