In this article, you'll learn:

• The difference between full-service and modified gross leases.
• How base years and expense stops can affect your costs.
• Potential hidden charges in a gross lease that can add up over time.
• The importance of negotiating parking arrangements separately from the lease.

While the structure is less common than it was many years ago, if you can find a suitable space under a gross lease structure, you might feel pretty lucky. Most tenants perceive a gross lease as a good deal since they pay a single rent and the landlord is supposed to take care of everything for them. In actuality, though, gross leases can be more complicated than they seem. Here are some important factors to keep in mind.