gross lease


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gross lease

A lease in which the owner receives the contractual rent out of which he or she must pay all or most of the operating expenses of the real estate.
References in periodicals archive ?
The obvious question is, will the lease be a gross lease or net lease?
Doctor will lease back the building at $15/Sq ft- Gross Lease.
As of 30 September 2016, CSF had gross lease receivables of USD 258m, or net lease receivables of USD 234m with an average yield of approximately 6%.
The third lease, the Gross lease, is approximately 30 acres and is located in Clay county, Kentucky.
In a gross lease, all of these items are included, but tenants are still responsible for their own utilities.
In a gross lease the landlord or building owner has the responsibility for all building costs including maintenance of the property.
A net lease is here defined as one in which a tenant pays a pro rata share of taxes, based on percentage of space occupied, and that the gross lease is one which makes the lessor solely responsible for real estate taxes.
Gross lease revenue for the first quarter of 2007 was $35.
New tenant with 5 yr + 5 yr option Modified Gross Lease $30K/yr,Landlord responsible for taxes & insurance (approx.
These deals have taken many forms including gross lease, net lease.
They are fully leased under a modified gross lease to the County of Riverside and are occupied by the County's Department of Child Support Services.