This is a commercial lease wherein the tenant is required to pay a base rent while the landlord pays for all operating expenses related to the tenant’s occupancy of the space. Those include common area maintenance, property insurance, utilities, and property taxes. This kind of lease often includes an expense stop or expense ceiling. Additional expenses are then passed through to the tenant.
Full Service Gross Lease
This is a commercial lease wherein the tenant is required to pay a base rent while the landlord pays for all operating expenses related to the tenant’s occupancy of the space. Those include common area maintenance, property insurance, utilities, and property taxes. This kind of lease often includes an expense stop or expense ceiling. Additional expenses are then passed through to the tenant.
