All Forum Posts by: Chet Cromer

New CRE owner here. One year into owning a 6 year old 8000 sf flex space that my main business leases 1/3 of with 2 other tenants.

All NNN leases and predictable CAM except this past year we had to reseal and stripe the parking lot for the first time. I envision this to be part of CAM. Would you work it into a one time reconciliation at end of year (lease says we can) or spread it out over 3-4 years to reduce impact and ups and downs of lease payments?