Tripe Net (NNN) Rent Explained

What is triple net rent or N-N-N? Triple net rent, or N-N-N rent, is a type of commercial lease agreement where the tenant is responsible for paying all the operating expenses of the property in addition to the Base Rent. The operating expenses include property taxes, insurance premiums, and maintenance fees. This means that the tenant is responsible for all the costs associated with the property’s operation and upkeep, and the landlord is only responsible for the structural components of the building. Triple net rent agreements are commonly used in commercial real estate leasing situations where landlords want to pass the property’s expenses on to tenants without having to manage those expenses themselves.

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DeLea Becker : Appointed to Travis County SHFC Board of Directors

Beck-Reit Commercial is honored to have its very own, DeLea Becker appointed as one of the newest members of Travis County's Strategic Housing Finance Corporation Board of Directors.
DeLea believes that money is a tool, if used wisely and efficiently- it can stretch further. In affordable housing that means more units/projects - which propels us all closer to the goal.

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Dress for Success : 10th Annual Little Black Dress Soiree

Dress For Success has be empowering women nearly 30 years. Starting in the basement of a church in Manhattan, Nancy Lublin and three nuns in her area joined forces to satisfy a crucial need that needed to be fulfilled, providing clothing to help facilitate women entering the work force, empowering them, and providing much needed support. For the past 10 years Dress for Success has hosted an annual Soiree to garner support for women and women empowering initiatives, and as always Beck-Reit Commercial was eager to be in attendance and donate to this life changing cause.

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CREW Austin Presents a day to ELEVATE

CREW Austin presents a Day to ELEVATE. The event will include a keynote from a world-renowned speaker and serial entrepreneur, PLUS a panel of top women leaders in Central Texas CRE discussing the mindset, strategy, and tactics necessary to prioritize your success and find fulfillment at every stage of your career. There will also be time for networking with leaders in commercial real estate.

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Switch From Residential Agent to Commercial Agent

Are you considering a switch from Residential Real Estate Agent to Commercial Real Estate Agent? We are often asked this question, especially during an economic downturn. So our Founder DeLea Becker has compiled advice, tips, and tricks she has given out for over a decade to residential agents asking for transition advice.

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1031 EXCHANGE DONE : 2 Acres in Central Texas - #TexasTriangle

Beck-Reit is no stranger to 1031 exchanges. In fact, you may call us the 1031 experts. In 2022 we closed two 1031 exchanges, and have never failed. The rigorous timeline to identify a property to purchase before Uncle Sam tries to swoop in and grab his “share” can be intimidating for most, but our meticulous process makes every one of those 45 days of the identification period count.

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Hotels and High Land Prices

Central Texas has long been a destination for travelers seeking a taste of the Lone Star State. Its rich history, cultural diversity, and natural beauty have made it a popular spot for both business and leisure travelers alike. One of the most significant factors contributing to the region’s success in attracting visitors has been the booming hotel industry. However, with recent changes in the economy and the pandemic, the high land pricing for hotels in Central Texas has become a significant concern, and many are calling for prices to come down.

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WHAT'S NEW AT BECK-REIT : 5 LOTS PURCHASED FOR OUR SURPRISE DEVELOPMENT PROJECT

In the last week of March, The East Austin Experts—Beck-Reit Commercial and others closed on 5 lots in East Austin to begin a killer surprise development project on E 7th Street.

Let us know if you’re interested in office, retail, or restaurant space on E 7th, and check back here for more updates as the project progresses and more details are announced.

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A New Edition to Beck-Reit Commercial

As someone who has experience as both a landlord and tenant representative, Alexander Hill has closed hundreds of urban deals and understands what it takes for buildings and retail spaces to thrive. He specializes in assisting retailers in finding the best locations for their businesses in Texas and other states, with a particular focus on restaurants and fitness centers. Hill has also completed transactions for grocers, QSRs, daycare centers, and medical facilities. Beck-Reit Commercial is pleased to announce Alexander Hill as the newest addition to their commercial real estate brokerage team. Hill brings with him 9 years of experience working in the NYC Metro Area.

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2,600 SF AVAILABLE ON WEBBERVILLE RD.

Need 2600 SF of mixed-use space in East Austin? The Webberville district is a neighborhood located in East Austin, Texas, just a few miles from downtown Austin. This area is known for its diverse mix of residential, commercial, and industrial properties. Historically, the neighborhood was home to working-class families and had a reputation for being a more affordable area of Austin. However, in recent years, the area has experienced a surge of growth and development, with new housing, restaurants, and businesses moving in.

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2023 CREi Summit

The CREi Summit is the only conference of its kind where commercial real estate industry leaders share their best practices for honing and delivering marketing messages that win. Establish your own plan for thought leadership, a stronger personal brand, and close more deals. Your success blesses others!

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Women's Real Estate Investor Summit featuring DeLea Becker

Beth Azor has been in the commercial real estate industry for 34 years and has been personally investing since 1992.  As she begins to wind down her career over the next 10(ish) years, her mindset is shifting to how she can help others reach their goals as she has been able to do; specifically, she wants to help women reach their investing goals.

Join Beth, DeLea and more powerhouse women at the 3rd Annual WOmen’s Real Estate Investment Summit.

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