Archive for June, 2009
Small businesses are critical to the strength of our local and national economy. At the monthly meeting for the Commercial Brokers Committee of the REALTORS Association of Lincoln, Michael Niehaus, Lead Lender Relations Specialist of the U.S. Small Business Administration, spoke about the various programs and services they provide to small businesses. If you are looking to start a business or desiring to build and grow your small business, be sure to check out what SBA can offer at www.sba.gov/ne or contact your local lender.
NAI FMA Realty is licensed for the state of Nebraska and can help you with any commercial real estate property throughout the state but through our affiliation with the NAI Global network, we can assist you with property all over the world. Where can we help you next?
Hank Woods, Sales Associate, has recently joined the Lincoln Community Foundation Board of Directors. You can read more about the Lincoln Community Foundation by visiting their website at www.lcf.org.
Triple Net (NNN) charges, are expenses the tenant is required to pay, in addition to a fixed rent amount. Triple nets are annual operating expenses of a leased property and include real estate taxes, insurance, and common area maintenance, etc. Typically a tenant’s portion of the triple nets are based on the amount of square feet leased. These expenses can be referred to as “triple net”, “net net net”, “net” or other terms depending on which state you live in.