We wanted to share with you a quick rule of thumb we use to figure out land lease value. Typically we take 10% of the total land value to find the annual rent. From there, if need be we deduct the percentage of what the Tenant actually uses, which will give you the annual rental amount for their portion, then divide by 12 to get the monthly. For example, if your land totals 1.8 acres and is valued at roughly $400,000 and the Tenant is using around 50% of the land; 10% of $200

What does FSG, Gross, MG & NNN mean on a lease rate? FSG = Full Service Gross typically includes everything such as base rent, operating expenses (taxes, insurance, common area maintenance) janitorial service, and utilities, all bundled in one fixed rate. Landlord’s may pass through any increase in operating expenses above the set base year. MG = Modified Gross may or may not include janitorial or utilities in the rate. In extreme circumstances Landlords may pass through incr