Effectively Lease Commercial Real Estate Properties
- 1.5 hours on-demand video
- 1 article
- 6 downloadable resources
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
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- Lease commercial property with ease
- Successfully find properties
- Make money representing both tenants and landlords
- Spot the difference between a Gross and NNN lease
- Determine the best property type for your business
- Choose the right offer terms
- Understand and effectively negotiate leases
- Know what to expect when signing the lease and getting the space
- No prior knowledge needed as we will cover everything included in the course, although basic knowledge of real estate terminology may be helpful.
Are you an entrepreneur/business looking to lease your first, second or third space? Are you a real estate agent looking to generate more income? Or maybe even an owner of commercial properties and wondering why your space isn't renting? This course is all about leasing commercial real estate property types from start to finish. From the perspectives of the agent, tenant, and landlord, this course provides a practical analysis of the important issues involved with leasing commercial real estate.
We will cover topics including, but not limited to: overview of industrial, office and retail; how square footage is measured; different lease types including Gross and NNN leases; finding properties including Loopnet and CoStar; getting the property rent ready and what is a vanilla v. grey shell; preparing an effective business plan; making commissions and money leasing properties; how to submit the offer and what to ask for during the offer stage; ease forms and negotiating the lease; And much much more ...
This is course is a MUST for anyone looking to lease a commercial real estate property!
Don't learn the hard way after a lease is signed. Let me show you how.
"Thank you for the wonderful class and presenting in a clear and concise manner." - lecture presented at the Southland Regional Association of Realtors.
Come join me and enroll today and maximize your negotiation power. I can't wait to have you.
- Any type of business
- Anyone looking to lease industrial, office or retail space
- Agents and Brokers
- Property Managers
- Real Estate Professionals
- Residential agents looking to get into commercial
Here we discuss the different Sections of the Course and an outline of the key topics that will be covered.
1. ABCs of Commercial Real Estate
2. Establishing Your Market Strategy
3. Agency Relationships
4. Making and Submitting the Offer
5. Negotiating the Lease
6. Getting Paid
This section includes an overview of all the different bread and butter commercial property types starting with industrial properties and then moving onto office and retail property types. We will discuss also various options of each classification including light v. heavy industrial, general office v. medical office, strip mall retail v. shopping center retail, and soft good tenants v. food tenants. In addition, this lecture will touch upon the pros and cons of each of the property types. This is a great introduction to the world of commercial properties and a good refresher for those who may have a bit more knowledge.
Diving right into the core of leasing, this lecture is all about the different type of leases you will uncover. We discuss what is a Gross lease, a Modified Gross lease and a NNN (Triple Net) lease. And since I like to provide extra information, this lecture will also discuss variations such as Base Year and NN (Double Net) lease types.
Square footage and how to calculate it is key with any commercial real estate transaction. We will discuss how the industry (using BOMA) calculates square footage and why it matters including what is considered usable square footage v. rentable square footage.
The most common question I get especially from residential agents is "how do I find commercial properties?" And the answer isn't simply to look on the Multiple Listing Service (MLS). You won't find them on Zillow. But here is a hint: LoopNet and CoStar.
For all the landlords out there this lecture is for you! Or if you want to know how a landlord is going to think check out this section. Even if you are an experienced owner, sometimes a refresher on how to get your property in shape for the highest rent is warranted. Therefore, we will discuss what it does take to get the property ready for a tenant including pros and cons, and what is considered a Vanilla Shell v. Grey Shell condition.
This lecture is for YOU! The tenant and business. Not only is business plan a powerful tool, but it can help win the landlord over to choosing you over someone else. Here we discuss how to make yourself marketable and how as an agent you can help market your client including what documents are needed.