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Understanding the Common Area Factor: Rentable vs Useable. – Few commercial real estate concepts are as misunderstood by tenants and even. The formula to determine the amount of rent in most office leases. rent-is the rentable square footage times the lease rate per square foot.
How Landlords Determine Asking Rates for Leased Properties – In commercial real estate, calculating an exact monthly lease payment for numerous divisible costs would be rather annoying. Therefore, landlords usually advertise available space in terms of ($) rate per square foot per year ($/SqFt/Year).
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Here we will discuss and shed some light on Gross Leases versus Triple Net Leases and how they come into play in your commercial lease agreement. The gross lease. lease rates in this method are typically quoted as one figure that describes the dollar amount per square foot per year you will pay for your space (e.g. $25 Gross).
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Use this tool to help you determine whether it's more cost effective to lease or buy business space.. Should I lease or buy business space?. Flat rate amount.