Upload your signed lease and any amendments. We'll read them and explain what you're paying for and who's responsible for what.
Your documents stay private to you and anyone you choose to share them with. They are not used to train anything.
Your true-up statement arrived March 28. Payment is due within 30 days of the statement under Section 4.5.
That's the 3% annual increase in Section 4.1. About $115 more per month. Worth building into next year's budget now.
To use your 5-year option you must give written notice at least 180 days before the lease ends. We'll remind you a year out.
You rent 1,800 sq ft for $25.46 per sq ft per year, and you pay 4.24% of what it costs to run the whole center on top of that. The landlord keeps the roof and parking lot working. You keep the inside, the HVAC, and the glass working.
All year you paid an estimate of the center's operating costs. The real costs came in higher, mostly because Dallas County raised the property's tax appraisal. This is the difference, and it is normal under an NNN lease.
Section 4.4 limits how fast controllable costs can rise. Without it, the balance would be $2,556.00.
Tap a line to see where the number comes from.
Dallas County reappraised the center about 9% higher for 2025. Taxes are passed through at cost and are not subject to your cap.
Parking lot resealing and a new landscaping contract pushed controllable costs up 13.6%. Your lease caps controllable increases at 5% per year, so you pay the capped amount. Utilities and security are not controllable and pass through at cost.
The landlord's property and liability premiums renewed higher in 2025. Passed through at cost, no cap.
1,800 rentable sq ft ÷ 42,500 rentable sq ft in the center = 4.2353%. Your patio is not counted in the denominator or your share.
Explanations are generated from your lease and the landlord's statement. They are not legal or accounting advice. If a number looks wrong, use your audit right or talk to your accountant.