Mortgage & real estate

Commercial Lease Calculator

Enter the rent per square foot and the leased area to find the annual base rent.

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Rate & area

$

Enter the rate and area to see the annual base rent.

Worked example

With these example inputs:

  • Rent per square foot$25
  • Area (square feet)2,000

Annual base rent: $50,000

  • If the first figure were 10% higher$55,000

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Frequently asked questions

How is commercial rent calculated?

Commercial leases are usually quoted per square foot per year. Multiply the rate by the area: $25 a square foot on 2,000 square feet is $50,000 a year.

What else can affect the cost?

Many leases add charges for taxes, insurance and maintenance on top of base rent. Always check whether a quote is base rent only or a fuller, all-in figure.