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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, multifamily housing buildings, farm land ...
The restaurant space was replaced by a Seaman's Trust bank branch. The bank was so popular that, in three weeks, it performed six months' worth of transactions. [ 71 ] [ 75 ] Although Life magazine stopped publishing in 1972, [ 133 ] the building retained its name, and the former Life space was quickly taken by the company's other publications ...
Common area maintenance charges ( CAM) are one of the net charges billed to tenants in a commercial triple net (NNN) lease, and are paid by tenants to the landlord of a commercial property. A CAM charge is an additional rent, charged on top of base rent, and is mainly composed of maintenance fees for work performed on the common area of a property.
A three-course meal at a mid-range restaurant for two people is under $21. You can also hop on a local transportation system for a mere 26 cents. Rent is also 84% lower than in the United States.
Signing their lease days before the tornados hit on May 10, the retro-decorated establishment, Chill Roadside Bar and Stuff, located inside Railroad Square, was able to operate at a limited ...
Aug. 9—Several well-known restaurants connected to a local art and real estate magnate, including the iconic Maria's New Mexican Kitchen, weren't open Friday. That doesn't mean they're closing ...
Common area. A common area is, in real estate or real property law, the "area which is available for use by more than one person..." [1] The common areas are those that are available for common use by all tenants, (or) groups of tenants and their invitees. [2] [3] In Texas and other parts of the United States, it is "An area inside a housing ...
Rent Kicker, or Percentage Rent: Common in retail store leases. This is a premium rent payment that the lessor requires and is treated as a period expense. For example, it may be stated in the contract that if sales are over $1,000,000, any excess over this amount will have 2% taken out as a rent kicker. This is not reported as part of the ...
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