Residential Single Family: Residential Single Family | Single Tenant Net Leased: Single Tenant Net Leased | |
Average Annual Cashflow | Residential Single Family: 1-3% | Single Tenant Net Leased: 6-8% |
Average Lease Length | Residential Single Family: 1 year | Single Tenant Net Leased: 15 |
Lease Guaranty | Residential Single Family: None | Single Tenant Net Leased: Corporate Guaranty |
Rent Increases | Residential Single Family: None | Single Tenant Net Leased: 1.7%-2% annually |
Expenses Paid By | Residential Single Family: Landlord | Single Tenant Net Leased: Tenant |
Property Tax | Residential Single Family: Landlord | Single Tenant Net Leased: Tenant |
Insurance | Residential Single Family: Landlord | Single Tenant Net Leased: Tenant |
Maintenance | Residential Single Family: Landlord | Single Tenant Net Leased: Tenant |
Tenancy Laws | Residential Single Family: Tenant Friendly | Single Tenant Net Leased: Landlord Friendly |
Going into this process I was very nervous as we were business owners, but had little experience in the commercial real estate process. Matt was there at all hours to answer every question we had and help guide us through this process that was a significant part of our retirement plan. I’m so glad we trusted Matt with this task, and I couldn’t be happier with the results.
Being a real estate broker myself, I was impressed with the organization and skill used during negotiations of Matt and his team. He not only got me exactly what wanted (and more), but communicated with me throughout the entire process and kept me at ease that we were on the right track. I would hire The Hagar Group again in a heartbeat.
Handling the sale of this property and the divorce simultaneously was overwhelming, but Matt was there every step of the way. He helped us through the rehab of the property and was able to get us a price I am thrilled with. I am so glad we hired Matt who was able to walk us through an extremely challenging situation and turn it into an outcome I am thrilled with.
The task of simultaneously selling our property while purchasing another seemed very daunting at first, but Matt and his team handled the process with ease. He communicated with us throughout the entire process, and his vast experience allows him to anticipate potential issues before they arise. We was very happy with the service we received from The Hagar Group and would definitely use them again for any and all of our commercial real estate needs.
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Intero was founded in 2002 in Cupertino. Given its location in Silicon Valley, one of its core strategies has always been the implementation of advanced technology and cutting-edge services and marketing. Over the last 18 years it has grown tremendously, and currently possesses the largest market share of any brokerage in Silicon Valley for many years running. Its commercial division is a juggernaut in its own right and is the recipient of multiple Costar Power Broker awards, which are very prestigious and only awarded to the 5 highest producing firms in a given market.
In 2014 Warren Buffett took notice of the company’s outsized access and its position as a dominant market player, and Intero was acquired by Berkshire Hathaway. This acquisition has been a dream relationship for our team, as it has given us a robust platform and a deep network of contacts, technology, and resources to better serve our clients. Being associated with one of the largest and most credible brands in the world ensures Intero Commercial will remain a dominant market player for years to come.