Jackson Hole Commercial Real Estate

Spirits & Spice Moving and Expanding

Spirits and Spice, a boutique shop on the Town Square which offers specialty liquor, vinegars, spices, and oils, has signed a new lease at 80 West Broadway, Jackson, WY and will be moving in January 2019 to the new location in Broadway Shops. The move will triple their store size and allow the store to […]

What is a triple net expense?

Commercial leases frequently call for the the tenant to pay “triple net” expenses in addition to the base rent. But what is a triple net expense? Triple net expenses (also written as NNN expenses) are building expenses that the landlord charges the tenant based on the tenant’s pro rata share of the building. The expenses […]

Jackson Hole Retail Market Overview: April 2009

The retail market in Jackson can be broadly defined as consisting of four areas: Town Square, Downtown Local Retail, Highway, and Strip Center. The market standard in Jackson is to quote retail rents on a NNN (triple net) basis, with the rental figures given as an annual amount per square foot. NNN expenses currently range […]

How to talk like a local in Jackson Hole, WY

I live in Jackson, WY, also known as Jackson Hole. Jackson is full of people whose opinions count more because they were born here, or even better, because their grandfather was born here. [Wait a minute, I’m hijacking my own blog…back to the topic at hand] Sadly, I’ll never be a “local”, since I only […]

How to Calculate Jackson, WY Property Taxes

Wyoming has a well deserved reputation for low taxes, having no state personal or corporate income tax, and having a very low property tax rate. Here’s how to calculate property taxes in Jackson Hole (Teton county, Wyoming). Property taxes are calculated by multiplying the mill levy by the assessed value, and the assesed value is […]