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Net Effective Rate

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The time value of money is not considered in these calculations
(Also, please do not use commas in any of the fields when inputting numbers.)

1) Square Footage of the subject premise:

2 (a) Rental layers by annual rate
Firstyears at$per sq ft
The nextyears at$per sq ft
The nextyears at$per sq ft
Total:

or (b) Rental layers by month
Firstyears at$per month
The nextyears at$per month
The nextyears at$per month
Total:

3) Lease inducement or improvement allowance paid at commencement
of the lease:

Total $ Value =

4) Free Rent provided to tenant: months

Click here if all free rent provided in the first year. (Otherwise the calculation assumes free rent at the average lease rate for the term)

*** All rent here is basic rent excluding any taxes, maintenance for common area and/or management fees which are normally born by the tenant in commercial properties.

Result:

The net effective rate for the above lease is: $