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Commercial Lease Calculator

Lease Summary

Monthly Base Rent: $0.00

Total Monthly Payment (Inc. CAM): $0.00

Annual Base Rent: $0.00

Total Lease Value (Full Term): $0.00

function calculateLease() { var sqft = parseFloat(document.getElementById('sqft').value); var pricePerSqFt = parseFloat(document.getElementById('pricePerSqFt').value); var cam = parseFloat(document.getElementById('camCharges').value) || 0; var term = parseFloat(document.getElementById('leaseTerm').value); if (isNaN(sqft) || isNaN(pricePerSqFt) || isNaN(term) || sqft <= 0 || pricePerSqFt <= 0 || term <= 0) { alert("Please enter valid positive numbers for Square Footage, Price, and Lease Term."); return; } var annualBaseRent = sqft * pricePerSqFt; var monthlyBaseRent = annualBaseRent / 12; var totalMonthly = monthlyBaseRent + cam; var totalLeaseValue = (totalMonthly * 12) * term; document.getElementById('resMonthlyBase').innerText = "$" + monthlyBaseRent.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('resMonthlyTotal').innerText = "$" + totalMonthly.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('resAnnualBase').innerText = "$" + annualBaseRent.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('resTotalLease').innerText = "$" + totalLeaseValue.toLocaleString(undefined, {minimumFractionDigits: 2, maximumFractionDigits: 2}); document.getElementById('lease-results').style.display = 'block'; }

Understanding Your Commercial Lease Calculation

Commercial real estate leases are structured differently than residential rentals. Instead of a flat monthly fee, commercial rates are typically quoted as a dollar amount per square foot per year. Understanding these calculations is vital for budgeting your business overhead.

Key Components of a Commercial Lease

  • Base Rent: The core cost to rent the space, usually calculated by multiplying the total usable/rentable square footage by the annual rate per square foot.
  • CAM (Common Area Maintenance): Often found in "Triple Net" (NNN) leases, these are additional costs for building insurance, property taxes, and maintenance of shared spaces (parking lots, lobbies, etc.).
  • Lease Term: The duration of your commitment, typically ranging from 3 to 10 years for commercial properties.

How to Calculate Commercial Rent

The standard formula used in our calculator is:

(Square Footage × Annual Rate) / 12 Months = Monthly Base Rent

If you have a NNN lease, you must add the monthly CAM charges to this figure to find your total out-of-pocket monthly expense.

Example Calculation

Imagine you are leasing a 2,000 square foot office space at $30.00 per square foot per year, with $400 in monthly CAM charges:

  1. Annual Base Rent: 2,000 × $30 = $60,000
  2. Monthly Base Rent: $60,000 / 12 = $5,000
  3. Total Monthly Payment: $5,000 + $400 = $5,400
  4. For a 5-year lease, your total obligation would be $324,000.

Important Considerations

Before signing, always verify if the lease is Full Service Gross (utilities and taxes included), Modified Gross (some costs included), or Triple Net (NNN) (tenant pays almost all operating costs). This calculator helps you compare these different structures by converting them into a single monthly total.

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