Commercial Lease Calculator – Calculate Space Cost
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Why We Created the Commercial Lease Calculator
This commercial rent calculator is a helpful tool for tenants who are leasing commercial real estate. Landlords will quote you lease rates on a price per square foot basis whether they are monthly or yearly, however to most tenants this can be confusing. All you care about is what you total monthly rent is going to be on the real estate you’re leasing whether it be office buildings, retail spaces, or warehouse space.
When leasing commercial space you are going to hear a lot of terms thrown around in the lease contract such as cash flow, cap rate, maintenance costs, property taxes, gross leases, nnn lease, area maintenance, etc. If you are not familiar with this terminology then it would be a good idea to hire an experienced agent or grab a handbook on leasing commercial real estate. Commercial leases are calculated on a price per square foot because most commercial rental properties can be divided or made into one larger space. It would be nice if the property owner or it’s real estate professionals would just tell you what your total monthly lease payments will be however that would not tell you how big the space is.