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What is a modified gross lease? What additional expenses can you expect? These questions are answered in this video coming up!! Hey everyone! Richard here to discuss all things commercial real estate. Go ahead and hit that subscribe button if youre new here. Today we are talking about what modified gross means for tenants. If you have a triple net or a full service gross lease, you can find those videos linked in the description below. Otherwise, were going to discuss what items can be found in a modified gross lease, any additional cost you might run into, and finally a bonus suggestion at the end. Lets dive in! In a modified gross lease, the landlord will provide you a single rental rate. That number will count for a majority of your costs. Typically, youll only need to pay for utilities and janitorial services outside of that rate. However, I have seen a number of obscure additions. It can be so frustrating for tenants to see a new cost being added at the last second so its be