On 5/17/2013 10:31 PM, Ed Pawlowski wrote:

> Very true. You can rent just he building "as is" or you can built to
> suit and charge accordingly.
>
> About 10 years ago we had a new tenant, a start up business, in our
> building. The town building inspector went into a rant about the
> landlord screwing the tenant because of some renovations that had to
> be done to put her into compliance. He shut up when I told he she was
> getting the first three months rent free and the next three at half
> the regular rate.
>

There can also e "occupancy riders" if the property is in a mall or
strip shopping center. Rent is $XX if total store occupancy is less
than 50%. Then it can jump to $XXX if 50% of the stores are rented...
then $YYY if 75% occupancy and $ZZZ if over 90% occupancy. Higher
occupancy rates means more traffic which makes the property more valuable.

George L