Introduction:
Navigating the world of commercial real estate leasing can be complex, but at ExtraSlice, we’re here to make it easy for you. With our Workspace as a Service (WaaS) solution, finding your ideal workspace has never been simpler. In this blog, we’ll break down common commercial real estate leasing terms and show you how our WaaS solution simplifies the process, making it a breeze for you.
1. Rentable Square Feet (RSF) vs. Usable Square Feet (USF):
- Commercial Real Estate Speak: RSF, USF – these terms can sound confusing, right? But with ExtraSlice, you don’t need to worry about the technicalities. We provide you with the space you need, and we take care of the rest. No need to fret over the pie – we’ll serve you a delicious slice.
2. Base Rent:
- Commercial Real Estate Speak: Base rent might seem like just another expense to keep track of. With ExtraSlice, we keep it simple. You pay a single, straightforward monthly fee that covers everything you need.
3. Common Area Maintenance (CAM) Charges:
- Commercial Real Estate Speak: CAM charges? Not your concern when you choose ExtraSlice. We handle all the common area maintenance, ensuring that the shared spaces in our workspaces are always in top shape.
4. Triple Net (NNN) Lease:
- Commercial Real Estate Speak: A triple net lease? Sounds complex, but with ExtraSlice, you don’t need to worry about it. We take care of property taxes, insurance, and maintenance. You get an all-inclusive, hassle-free experience.
5. Lease Term:
- Commercial Real Estate Speak: Lengthy lease terms? Not with ExtraSlice. We offer flexible leasing options, whether you need a short-term space for a project or a long-term home for your business. It’s as easy as choosing the duration that suits you best.
6. Security Deposit:
- Commercial Real Estate Speak: Concerned about security deposits? At ExtraSlice, we’ve designed our process to be both secure and user-friendly. While we do collect a security deposit, we want to assure you that it’s a straightforward agreement with no hefty upfront payments. It’s a trust-building step to ensure your workspace remains in excellent condition throughout your lease term.
7. Lease Commencement Date:
- Commercial Real Estate Speak: Lease commencement dates? We make moving in hassle-free. As soon as you’re ready, your workspace is waiting for you at ExtraSlice. No complex dates to remember.
Conclusion:
ExtraSlice’s WaaS solution is designed with you in mind, taking the complexities out of commercial real estate leasing. With us, you can focus on what’s essential – your work – while we handle the rest. Finding the perfect workspace has never been this simple. Choose ExtraSlice, and let us simplify your workspace journey.
Contact ExtraSlice Today!
