The BizBuySell Small Business Community

  • Get Expert Advice

  •  • Find Local Service Professionals

  •  • Share Your Experiences

I rent the basement of a 10,810 square foot building. Should the value of the basement space be the same

I rent the basement of a 10,810 square foot basement. Should the value of the basement be the same as the value of the street level businesses when figuring out how much the % should be for triple net expenses?? Should the basement pay the same amount as the street level businesses??

No User Photo

Answer This Question

max 5000 characters

Web Reference (optional)

e.g., ""

Review Community Guidelines

Help keep our Community clean and on topic. The BizBuySell Community is a place where you can discuss your questions, concerns and knowledge with others you can trust. It is not OK to use this forum to solicit others for personal or financial gain, or to rant about personal issues. It's all in the guidelines.

Submit Your Answer
Answers (5)
No User Photo
Addison County, VT

Contact Mrs Angel Walker, a private money lender and also in real estate management. Here comes a good loan offer for all those who needs Financial assistance at a low rate of 3%. With LIVING STONE LOAN, you can say goodbye to all your financial crisis and difficulties. We fight financial crisis to give room for bright future in our society as we do our business .If you are interested you should indicate your interest and we shall assist you in securing your loan.

We offer the following types of loans:

*Commercial Loans.
*Personal Loans.
*Business Loans.
*Investments Loans.
*Development Loans.
*Acquisition Loans .
*Construction loans.
*Business Loans And many More:

(International or National)

Contact Person: Mrs Angel Walker

Best wishes,
Living Stone LOANS©2017..All rights reserved.

May 30, 2017


Apply for a low interest Business/Personal loans to pay your bills or start your own
business. If interested, contact us via email : with
amount needed, duration to pay back loan, your email and location and you will be
contacted by the loan firm.

Company services include the following:

* Personal Loans (Secure and unsecured):
* Loans for business (secure and unsecured):
* Student Loan:
* Debt Consolidation loan:
* Combination Loan :
* Construction loans :
* Home Loan :
* Auto Loan :
* Mortgage Loan :
* Business Loan :

We give out Personal Loans at the range of $ 1000 to $500000 while Business
Loans are given out from the range of $10000 to $50000000 and this loan
is been given out to individuals from duration of 1 year to 20 years.

NOTE: You are to reply directly to our office email address:

May 29, 2017
No User Photo
berry loans
private loan lender
Montgomery County, IL

get your investment and private funding done today! Contact us via email:
whatsapp number:+14422433441

May 29, 2017
No User Photo
Cherry Creek Property
Arapahoe County, CO

If there is a history of rental income at an established rate to a non owner tenant or non arms length tenant, then yes. Income producing properties are valued by what revenue they generate. The rate
that can be obtained by a non affiliated or related party must be considered in the valuationl. A
building that is producing income in the basement should be worth more than one that does not
have a basement, or one that has a basement that does not generate income. Can you say "Cap Rate"
kenny d

Mar 24, 2010
No User Photo
The BAF Group LLC

You ask a question that is not a black and white issue. The Landlord can ASK what ever he wants; he will get whatever the Tenant is willing to pay. If your area is in high demand, the Landlord may get what he wants. If the area has a lot of vacancies, the place can sit vacant until he either lowers his asing Rent, or finds someone desperate enough to pay that Rent, regardless of the space.

You don't say what you are using the space for. If it is Retail, and there is no public access or visibility, that is your negotiation point with trying to get him to lower the Rent. If it is office space and it is buit out like all of the other space in the building, then you probably should be paying similar rates. Those are the kinds of keys you need to use: Where the space is, really does not matter as much as how comparable it is to other space in the building, whether it meets your need, competitive Rents for other, similar spaces and overall market conditions.

As for NNN costs, you are probably stuck with a straight percentage. If you are using essentially the same services as other Tenants, you should be paying a comparable percentage. If there is snow and the Landlord has to shovel the snow as part of his NNN expenses, you share in those because you benefit as much as the rest of the Tenants for snow removal.

If I am missing the point, let me know.

Jan 28, 2010

Start a Discussion