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Yes. There are different types of commercial leases and in a thing called a NNN (triple net) the tenant pays for all expenses, repairs, upgrades, taxed, insurance, any other expense.
Absolutely yes. As oregonwoodsmoke points out, in a Triple-Net lease, which is BY FAR the most common commercial lease, the tenant pays pretty much all the operating costs of the property (or their share). This includes insurance, prop taxes, maintenance (but not CapEx), utilities, etc. Plus of course... the rent.
There are other types of leases--net, gross, double net--in which the tenant pays some of the expenses. Much less common.
A couple things to consider: While the landlord may guesstimate the prop tax ($1000), usually there is a true-up annually, in which they have to disclose to you the actual taxes. And then you either get money back, or pay more, to cover your actual share. Don't let this surprise you!
Second, if you are considering actually leasing a storefront, get a broker. The landlord pays the commission, and you need someone experienced to handle this. There are issues such as personal guarantees, legal wording, etc.
In a commercial lease both parties are considered to be equally savvy, therefore there is far less regulation as to what can go in the contract. In residential leases the LL is considered to be at an advantage over the tenant. Hence, state rental statutes that prohibit, say, charging tenants for repairs to the property unless they caused damage.
Commercial leases are basically whatever the two parties agree to.
The tax provisions of a commercial lease will outline what taxes the tenant and the landlord must pay, as well as when and how they need to be paid. You can’t gauge the true cost of a commercial lease without understanding the taxes you are responsible for paying and who’s liable when tax rates rise or additional ones are introduced. With commercial leases, it’s possible that you’ll be responsible for some operating costs, which can include property taxes.
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