Industrial Properties for Sale or Lease
Tulsa Metro Area
Wiggin Properties' brokers help tenants, owners and investors to find the right commercial industrial property for their business. Here is a complete list of industrial properties offered by Wiggin Properties. For personal assistance with any of these properties or a property not included on this list, please call 918.935.2010 (Tulsa metro area) and 405.842.0100 (Oklahoma City metro area). We'll be glad to help.
Industrial/Warehouse for Sale
Industrial/Warehouse for Lease
Understanding Industrial for Lease Practices in Oklahoma
To determine the best available industrial space for your company it is important to understand commonly used terminology in commercial real estate leases.
Most terms in a commercial lease are negotiable. When you look at an industrial for lease flyer or listing, you typically see the base rate (base rent) advertised and the type of lease. For commercial industrial space in Oklahoma most common types of leases are NET NET NET (Triple Net) and Modified Gross (MG).
- What is a Net Net Net (NNN or Triple Net) lease rate?
A triple net (NNN) lease agreement typically only includes the maintenance and repair of the exterior of the structure within the base rental rate. The tenant is responsible for all costs associated with maintaining and operating the space as well as a CAM fee that usually includes property taxes, insurance and maintenance. Any expense paid by the landlord is billed to the tenant based on the tenant’s pro-rata share of the property.
- What is a Modified Gross lease rate?
A modified gross lease rate can vary greatly from landlord to landlord. These lease agreements typically include some, but not all the costs to maintain the building and common areas and may or may not include the property taxes and insurance. Typically, these leases do not include utilities or janitorial services.