2min chapter

WTF Gym Talk cover image

Site Suitability | Is Your Building Right For Your Gym?

WTF Gym Talk

CHAPTER

The Cost of a Triple Net Lease

Many many leases are triple net meaning you pay for the all the operating expenses of the building. The landlord's property taxes as they go up your rent goes up right? You have no idea property taxes could go up by fucking blank percent. Guess what the next year your rent would be higher. But this is the rest of our financial model and we feel comfortable with this and I look at over and I feel comfortable with it and we move forward. Ultimately even if I didn't feelfortable with it, they're the client. That's why you go to the general estate company because I'm going to be giving you business consulting advice as well from someone who gets it.

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