Understanding commercial real estate rents is one of the most confusing topics for small businesses. Terms such as “base rent,” “net rent,” “triple net,” gross and CAM fees all add to the confusion. However, if you’re running a small business, you better understand these terms and how commercial real estate rents are structured, or you may have a nasty surprise after you sign a new lease. To fully understand the topic, you need to understand the basic business philosophy behind commercial real estate.
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