Leasing24d ago · 296 views

CAM charges that surprise first-time restaurant tenants

First restaurant lease, shopping center in the suburbs of Chicago. Base rent felt fine. The CAM estimate is vague. Which charges do people miss until the reconciliation shows up?

CornerBuyer383

2 Replies

CCornerTenant92123d ago

Grease trap pumping, trash compactors, and after-hours HVAC. Also ask who pays to replace the parking lot. A capital item dumped into CAM can wreck a year that looked fine on the listing flyer.

UUrbanSeeker45821d ago

Get a CAM cap in the first five years if you can. And ask whether the landlord admin fee is 5 percent or 15 percent of CAM. That one line changes occupancy more than people expect.

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