5/4/2023 0 Comments How much is 18 square feet![]() ![]() These numbers give industry professionals a quick snapshot to compare rent prices among various properties. When a commercial real estate broker or property owner tells you that their property is “$32.00 per foot, triple net,” what does that actually mean? Wouldn’t it be easier if rent was just given on a total monthly amount? Well, yes and no.Ĭommercial rents are calculated on a price per square foot basis because, more often than not, spaces may be divided or combined. Calculating commercial rent can be just the same. Words like “triple net” and “cap rate” are thrown around as if they’re common knowledge, but if you’re not in commercial real estate, you likely won’t be able to keep up with the various terms. ![]() ![]() Calculating Commercial Rents by Square Footage A Guide to Understanding Rent Calculations in Commercial Real EstateĬommercial real estate, much like other industries, is rampant with its own unique lingo. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |