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All Forum Posts by: Ted Daley

Ted Daley has started 1 posts and replied 2 times.

Commercial Real Estate Investing

Post: Renting Commercial space

Ted DaleyPosted
  • Posts 2
  • Votes 0

Thank you for the reply! This is really good information. I will definitely reach out to a realtor. 

0 Votes
Germantown, Maryland
Commercial Real Estate Investing

Post: Renting Commercial space

Ted DaleyPosted
  • Posts 2
  • Votes 0

Hello Everyone,

I am currently in the process of opening a pack-and-ship store and am seeking a suitable rental space. I have identified an ideal location, and the agent has informed me that the rent is $45 per square foot NNN, plus an additional $5 per square foot.

Upon calculating the total annual cost, it appears that I would be responsible for over $80,000 per year. I would appreciate any advice or suggestions on how this figure might be reduced or if there are any terms that could potentially be negotiated.

Thank you for any assistance.

0 Votes
Germantown, Maryland