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Detailed Office Space Lease with Lessee to Pay Pro Rata Share of Expenses  Form

Detailed Office Space Lease with Lessee to Pay Pro Rata Share of Expenses Form

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Nathan Smith here with Austin tant advisers and I'm here to share with you one of the more commonly asked questions is how do you calculate your office space rental rate it the calculation is quite simple however it can be confusing because some landlords tend to quote rates differently some may quote a full service rate of 24 which includes electric janitorial operating expenses Others May quote a base rate and a triple net or operating expense charge which it still includes all the taxes in insurance and maintenance and electric and janitorial it's just how they choose to do their accounting method so let's take an example here 1,000 sare ft full service rate is 24 multiply that you get $224,000 a year divide that by 12 and you get $2,000 a month another space with a base rate and triple net 1,000 square ft it's $12 + 12 tripl net again it's $24 multiply that times 1,000 you get $24 ,000 a year divid it by 12 and you get $2,000 a month and that

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