Commercial Rents and/or Leases

[Account Closed]

I just have a quick blanket question for you Commercial landlord folk.

I have a project that I've been working on that may require a little commercial at the street, while the bulk of the parcel will be a multi-family type of set up. I'm trying to keep the cost for the residential part fairly low to rents can be affordable for people.

Having the commercial aspect could help offset the overall cost of the development. I'm very unfamiliar with commercial things and don't know what an average lease would be for a couple units (like a Starbucks or Chipotle) or maybe even a small store, like natural grocers.

Thoughts?

With humble gratitude, 

Joe

[Matt Convery]

@Joe Callantine that’s per year. Rent per SF times the rentable square footage (usually less than your total building size) is what you get paid per year, not month.