Property Management
What is a 'build-to-suit' lease in Nevada commercial real estate?
AA lease requiring the tenant to build their own space
BA lease where the landlord constructs a building to the tenant's specific requirements, with the tenant then occupying under a long-term lease✓ Correct
CA lease for properties still under construction
DA short-term lease allowing the tenant to build equity
Explanation
In a build-to-suit transaction, the developer or landlord constructs a building to the tenant's specific requirements. The tenant then occupies the building under a long-term lease (often 10–20 years).
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