Lease Calculator. The Lease Calculator can be used to calculate the monthly payment or the effective interest rate on a lease. If the interest rate is known, use the "Fixed Rate" tab to calculate the monthly payment. If the monthly payment is known, use the "Fixed Pay" tab to calculate the effective interest rate.
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Calculating Price Per Square Foot in a Commercial Lease. You will typically see this quoted as an annual rate or a monthly rate. Example with a yearly price per square foot: A 3,000 sf office space has a yearly asking rental rate of $25 per square foot. 3,000 x $25.00 = $75,000 per year for rent. Divide by 12 months to get a monthly rental amount of $6,250.
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Many commercial leases use BOMA Standards and charge monthly rent based on "Rentable Square Feet," not on Usable Square Feet." This is important to understand because if you are quoted a price of $1.25 per usable square foot, that may be what you end up actually paying for each month.
Read the entire lease for the commercial property in question. Then identify and write down the actual size of the leased premises in total square footage (for example, 15,000 square feet). Next, identify the agreed upon square foot rate as defined in the commercial lease (for example, $10 per square foot annually).
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; Rent is the sum of what you have to pay on an annual or monthly basis. You can also open the advanced mode to split the total rental rate into two numbers: Base rental rate is the rent that covers only the base costs;