Calculating rent on a commercial property can be very time consuming depending on how complex the lease is and what type of tenant is occupying the property. Commercial and retail leases typically include a base rent with two additional rents possible. The additional rents are percentage rent and triple net rent.
You have the right to audit your landlord's expense calculations as outlined in your lease agreement to make sure the expenses you are being charged are.
However, if you’re wanting to get an estimate of what your monthly office lease rates will be, use these 6 Easy Steps to Calculate your Office Space Cost: Step 1 – Determine the square footage of the space. E.g. 2000 SF; Step 2 – Find out the Base Rental Rate. E.g. $20 (per SF) Step 3 – Find out the Operating Expenses or NNN (per SF per month)
How to calculate commercial rent? This commercial lease calculator uses a simple formula to calculate the annual rent: rent = area * rate. where: Area is the total area of the rented space, usually in m or ft; Rate is the total rental rate – rent per m or ft determined by your landlord;
We can calculate the high yield for 2015. PH, UNP, T, EPD, O, DOV, TXN, NNN, WPC, MAIN, STAG, HASI, EVA, PEGI. I wrote this article myself, and it expresses my own opinions. I am not receiving.
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We specialize in making commercial mortgage loans for single tenant triple-net leased properties. These loans are sometimes called NNN lease financing, triple .
The Triple Net Lease in Commercial Real Estate – A triple net lease-sometimes referred to as an NNN lease, a net-net-net lease, or an absolute net lease-is a commercial leasing term that refers to a situation in which the tenant pays virtually all the operating expenses associated with maintaining the property he’s renting.
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Commercial Lease Calculator – Omni – This calculator is flexible enough to determine the payment on the most common types of leases, such as the double or triple net lease (nnn lease). If you’re a landlord, keep reading to learn how to calculate the commercial rent, or take a look at the net effective rent calculator!
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