We understand the desire for HVAC and the electrical box to be tamper proof. As commercial property managers, we are allowed to put disconnects and overcurrent devices behind a locked door to prevent access by unauthorized persons as long as all tenants have a key. The definition of readily accessible does not preclude the use of a locked door for service equipment…
As commercial property managers we have found it’s really important to have sub meters installed at each tenant’s place of business. Most of our leases state that we can charge on a pro rata share of the total water bill. Without sub meters, the only criteria to determine each tenant’s bill is their occupied squire footage as a percentage of the total building.
COMMERCIAL RENT INCREASES
As a commercial property manager, tracking and enforcing tenant rent increases is an ongoing job responsibility. Manually tracking the rent increase schedule for each and every tenant at every property can get very messy and very overwhelming quickly. When we first started managing properties we used a simple excel spreadsheet to track important lease dates including, lease extensions, terminations, rent abatement period, renewals, and annual …
HIRE THE RIGHT COMMERCIAL PROPERTY COMPANY
Hiring the right commercial property company is important for property owners and tenants. Five things to consider before hiring a commercial property agent and company are: Company Focus: Large national brokerage firms usually will lease, sell and manage larger size properties because the profit margin on smaller properties is so much less. Commercial Real Estate Expertise:
We specialize in managing, leasing, and selling small to medium size commercial properties. Learn more at https://capitalretail.com
Capital Retail Group. 2018 All Rights Reserved.
7315 Wisconsin Ave, Suite 400 Bethesda Md 20814.
1751 Pinnacle Drive Suite 600 McLean Va 22102 Phone: (202) 319-2884
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