Commercial property decisions · Leasing

What this lease really costs per month and per square foot

Base rent is the number on the term sheet. Occupancy cost is base rent plus everything the lease pushes to you: CAM, taxes, insurance, utilities, parking, build-out you fund, deposits you post. Enter the quote line by line and see the real monthly figure, the effective rent, and the cash you need before the doors open.

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What to bring: the term sheet or LOI, last year's operating expense statement for the building, your contractor's build-out quote, and the landlord's allowance terms.

Your assumptions

Unknown. Leave blank until you have the number. We will show the total as incomplete rather than pretend it is zero.

The quoted space

Annual $/sq ft uses rentable area. The lease label alone does not decide expense responsibility.

Not supplied

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The decision, in numbers

Scenario A

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Useful context for this decision

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Your assumptions

Scenario A

InputValueSource / date
Quoted base rentUnknownNot supplied · Undated
Quote unitsannual-sfNot supplied · Undated
Rentable square feetUnknownNot supplied · Undated
Usable square feetUnknownNot supplied · Undated
Lease start dateUnknownNot supplied · Undated
Lease term (months)UnknownNot supplied · Undated
Annual escalation (%)UnknownNot supplied · Undated
Initial base-rent-free monthsUnknownNot supplied · Undated
Are pass-throughs also waived in those months?noNot supplied · Undated
CAMUnknownNot supplied · Undated
Property taxesUnknownNot supplied · Undated
InsuranceUnknownNot supplied · Undated
UtilitiesUnknownNot supplied · Undated
ParkingUnknownNot supplied · Undated
Management feeUnknownNot supplied · Undated
OtherUnknownNot supplied · Undated
Does the quote include percentage rent?noNot supplied · Undated
Buildout paid before openingUnknownNot supplied · Undated
Refundable security depositUnknownNot supplied · Undated
Confirmed allowance reimbursementUnknownNot supplied · Undated
Allowance received in monthUnknownNot supplied · Undated
End-of-term restoration / exit costUnknownNot supplied · Undated

This is your quote in your numbers. It is not a lease interpretation, a market-rent opinion, or a promise that we represent tenants. Confirm expense definitions with the landlord and have counsel read the lease.

Calculation version 2026-09-19.1 · Maintained by Tim M. Clarke Team · Reference review 2026-09-19.

OCC: commercial real estate lending reference

Transparent, editable assumptions

What goes into Scenario A

Annual $/sq ft × rentable area ÷ 12 gives monthly base rent. Annual escalations start at each 12-month anniversary. Initial free months waive base rent only unless you select pass-through waiver. Deposits and their assumed return are cash events, not rent expense.

These labels stay with your downloaded scenario. Choose “From a document” only when your own document supports the value.

Quoted base rentUnknown
Quote unitsannual-sf
Rentable square feetUnknown
Usable square feetUnknown
Lease start dateUnknown
Lease term (months)Unknown
Annual escalation (%)Unknown
Initial base-rent-free monthsUnknown
Are pass-throughs also waived in those months?no
CAMUnknown
Property taxesUnknown
InsuranceUnknown
UtilitiesUnknown
ParkingUnknown
Management feeUnknown
OtherUnknown
Does the quote include percentage rent?no
Buildout paid before openingUnknown
Refundable security depositUnknown
Confirmed allowance reimbursementUnknown
Allowance received in monthUnknown
End-of-term restoration / exit costUnknown