Asked by Kati Harrison, Dallas, TX • Thu Jan 17, 2013
I've just viewed a property with a 3,788 sqft building listed as a "Single-family home" and offering a "Prime Commercial Lease" under the facetious title "Studio House." This "studio" has not less than five overhead garage doors shown in the exterior images and there is no indication of domestication (no kitchen, for example) from the interior photos. There is no doubt that this building is intended for commercial use.
Is this property honestly acceptable for residential use? Also, I don't understand the terminology regarding the lease terms: long term, graduated, triple net lease. Is this a commercial lease? Can a commercial lease be used for a residential or mixed-use property?
Can someone help me make sense of this listing?
MLS/Source ID: 11865061
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