--- title: Commercial Leasing Tips for Mixed-Use Properties description: If you are a business owner searching for available office space, our commercial leasing tips for mixed-use properties will make your job easier. image: https://blog.sdnyrealty.com/hubfs/commercial_leasing.jpg --- - [Pay Rent](https://sdnyrealty.com/pay-rent/) - [Forms](https://sdnyrealty.com/forms/) -   [![S&D Commercial Real Estate Agency](https://blog.sdnyrealty.com/hs-fs/hubfs/S__D_Real_Estate_January2019/images/sd-original-logo_300px.png?width=300&height=194&name=sd-original-logo_300px.png "S&D Commercial Real Estate Agency")](https://sdnyrealty.com/) - [About](https://sdnyrealty.com/long-island-commercial-real-estate-firm/) - [Agents](https://sdnyrealty.com/long-island-real-estate-agents/) - [Listings](https://sdnyrealty.com/property-listings/) - [Property Management](https://sdnyrealty.com/property-management-company/) - [Resources](https://sdnyrealty.com/real-estate-resources/) - [Neighborhood Guide](https://sdnyrealty.com/neighborhood-guide/) - [Long Island](https://sdnyrealty.com/long-island-commercial-real-estate/) - [Nassau County](https://sdnyrealty.com/nassau-county-commercial-real-estate/) - [Bethpage](https://sdnyrealty.com/bethpage-commercial-real-estate/) - [Farmingdale](https://sdnyrealty.com/farmingdale-commercial-real-estate/) - [Franklin Square](https://sdnyrealty.com/franklin-square-commercial-real-estate/) - [Garden City](https://sdnyrealty.com/garden-city-commercial-real-estate/) - [Glen Cove](https://sdnyrealty.com/glen-cove-commercial-real-estate/) - [Hempstead](https://sdnyrealty.com/hempstead-commercial-real-estate/) - [Hicksville](https://sdnyrealty.com/hicksville-commercial-real-estate/) - [Long Beach](https://sdnyrealty.com/long-beach-commercial-real-estate/) - [Mineola](https://sdnyrealty.com/mineola-commercial-real-estate/) - [Rockville Centre](https://sdnyrealty.com/rockville-centre-commercial-real-estate/) - [Suffolk County](https://sdnyrealty.com/suffolk-county-commercial-real-estate/) - [Babylon](https://sdnyrealty.com/suffolk-county-commercial-real-estate/babylon-commercial-real-estate/) - [Brookhaven](https://sdnyrealty.com/brookhaven-commercial-real-estate/) - [Hauppauge](https://sdnyrealty.com/hauppauge-commercial-real-estate/) - [Huntington](https://sdnyrealty.com/huntington-commercial-real-estate/) - [Islip](https://sdnyrealty.com/islip-commercial-real-estate/) - [Melville](https://sdnyrealty.com/melville-commercial-real-estate/) - [Riverhead](https://sdnyrealty.com/riverhead-commercial-real-estate/) - [Smithtown](https://sdnyrealty.com/smithtown-commercial-real-estate/) - [Southampton](https://sdnyrealty.com/southampton-commercial-real-estate/) - [Consulting Services](https://sdnyrealty.com/consulting-services/) - [Property Appraisal Services](https://sdnyrealty.com/property-appraisal/) - [Zoning Regulations](https://sdnyrealty.com/zoning-regulations/) - [Forms](https://sdnyrealty.com/forms/) - [Veterans & Military Housing](https://sdnyrealty.com/veterans-military-housing/) - [Join our Program](https://sdnyrealty.com/veterans-military-housing/#apply-now) - [Forms & Applications](https://sdnyrealty.com/forms/) - [Pay Rent](https://sdnyrealty.com/pay-rent/) - [Blog](https://blog.sdnyrealty.com/blog) - [Contact](https://sdnyrealty.com/contact/) # Commercial Leasing Tips for Mixed-Use Properties - March 09, 2016 - [mixed use property](https://blog.sdnyrealty.com/blog/topic/mixed-use-property), [commercial real estate](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate), [Commercial Leasing](https://blog.sdnyrealty.com/blog/topic/commercial-leasing) - 0 ![Commercial Leasing Tips for Mixed-Use Properties](https://blog.sdnyrealty.com/hubfs/commercial_leasing.jpg) With the rise of mixed-use developments on [Long Island](http://sdnyrealty.com/long-island-commercial-real-estate/), business owners should never think a [commercial building](http://sdnyrealty.com/property-category/comm-properties/) is their only option. Today, many businesses are located in structures with multiple uses. If you are searching for available office space, our commercial leasing tips for mixed-use properties will make your job easier. ## 3 Types of Commercial Leases When looking for a [mixed-use property](https://www.biggerpockets.com/renewsblog/2008/10/02/investing-in-mixed-use-commercial-property/), one of the first questions to ask a prospective landlord is: what type of lease is offered? The types of commercial leases can differ in how they are structured. ### 1.      Gross Lease In commercial leasing, a gross lease is most commonly used in single and multi-tenant office buildings, industrial and some retail properties. A tenant’s rent is all-inclusive in gross leases. The landlord pays all or most expenses, including taxes, insurance, and maintenance from rent payments received from their tenants. Gross leases contain escalation clauses that allow for higher rents over time to offset rising costs. ### 2.      Triple Net Lease In a triple net lease, tenants agree to pay a significant share of the expenses of operation, taxes and insurance that relate to their rental unit. This fixes rents as well as landlord costs. ### 3.      Modified Net Lease A modified net lease allows landlords and tenants to structure lease terms that benefit both parties. ## Evaluating Commercial Leasing Terms As with any agreement, it pays to read the fine print in commercial leasing. There could be additional fees and expenses, such as maintenance fees and upkeep charges. For example, utility usage could be measured individually for each tenant or the costs could be divided amongst them. One major difference between a commercial and a [residential lease](http://sdnyrealty.com/property-category/residential-properties/) is that with commercial leases tenants are typically responsible for the repairs and maintenance of a property. A lease agreement should specify the terms and conditions of this arrangement. Before committing to the terms of a lease, research your prospective landlord. See if anything negative is written about them online. It’s possible to check if the landlord has complaints from the Better Business Bureau, or if there were court judgements against them. It’s helpful to know as much as possible about your landlord before engaging in a long-term business relationship. Finally, ask your landlord if he is willing to submit to a credit check. ## Types of Mixed-Use Properties A mixed-use property is any real estate that combines residential, commercial, industrial or institutional units. For example, a building with retail stores on its ground floor and offices on its second-floor would be considered mixed-use. Other types of mixed-use property include: -          Residential/commercial -          Office/residential -          Shopping mall conversion -          Studio/light industrial -          Hotel/residence -          Parking structure/retail stores -          Retail district retrofit For more information, read our [Commercial Real Estate Checklist for Leasing on Long Island](https://blog.sdnyrealty.com/blog/real-estate-checklist/). [![Financing a Mixed Use Property](https://no-cache.hubspot.com/cta/default/432922/c4a13bd5-cdc0-4205-88b3-a3ddf2660df1.png)](https://cta-redirect.hubspot.com/cta/redirect/432922/c4a13bd5-cdc0-4205-88b3-a3ddf2660df1) ### Tags: - [mixed use property](https://blog.sdnyrealty.com/blog/topic/mixed-use-property) - [commercial real estate](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate) - [Commercial Leasing](https://blog.sdnyrealty.com/blog/topic/commercial-leasing) ### [Previous post](https://blog.sdnyrealty.com/blog/tips-for-buying-foreclosure-properties) #### [Tips for Buying Foreclosure Properties](https://blog.sdnyrealty.com/blog/tips-for-buying-foreclosure-properties) ### [Next post](https://blog.sdnyrealty.com/blog/why-investors-should-consider-commercial-property-management) #### [Why Investors Should Consider Commercial Property Management](https://blog.sdnyrealty.com/blog/why-investors-should-consider-commercial-property-management) ### Related posts [![Why a Commercial Real Estate Agent is Always Necessary](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/commercial%20real%20estate%20agent.jpg?width=768&name=commercial%20real%20estate%20agent.jpg)](https://blog.sdnyrealty.com/blog/commercial-real-estate-agent) - June 06, 2018 - [commercial real estate](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate), [real estate agent](https://blog.sdnyrealty.com/blog/topic/real-estate-agent) ### Why a Commercial Real Estate Agent is Always Necessary As a business owner, navigating the world of commercial real estate is hard to manage if you don’t have any experience in the field. That’s why, if... [Continue reading](https://blog.sdnyrealty.com/blog/commercial-real-estate-agent) [![How to Find the Right Real Estate Deal for your Business](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Real%20Estate%20Deal.jpg?width=768&name=Real%20Estate%20Deal.jpg)](https://blog.sdnyrealty.com/blog/real-estate-deal) - January 10, 2018 - [Buying](https://blog.sdnyrealty.com/blog/topic/buying), [small business](https://blog.sdnyrealty.com/blog/topic/small-business), [office](https://blog.sdnyrealty.com/blog/topic/office), [commercial property](https://blog.sdnyrealty.com/blog/topic/commercial-property), [commercial real estate](https://blog.sdnyrealty.com/blog/topic/commercial-real-estate) ### How to Find the Right Real Estate Deal for your Business When it comes to the commercial real estate market, it isn’t always easy to find the right property for your company. It’s hard to prioritize... [Continue reading](https://blog.sdnyrealty.com/blog/real-estate-deal) [![Determining if a Triple Net Lease is Right for your Company](https://blog.sdnyrealty.com/hs-fs/hubfs/Blog_Images/Triple%20Net%20Lease.jpg?width=768&name=Triple%20Net%20Lease.jpg)](https://blog.sdnyrealty.com/blog/triple-net-lease) - September 20, 2017 - [investing in commercial real estate](https://blog.sdnyrealty.com/blog/topic/investing-in-commercial-real-estate), [Commercial Lease Negotiation](https://blog.sdnyrealty.com/blog/topic/commercial-lease-negotiation), [Commercial Leasing](https://blog.sdnyrealty.com/blog/topic/commercial-leasing), [real estate investing](https://blog.sdnyrealty.com/blog/topic/real-estate-investing) ### Determining if a Triple Net Lease is Right for your Company When a business moves into a commercial property, the landlord has the option to negotiate several different kinds of leases with them. One in... 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