Understanding Commercial Lease Financial Terms: Base Rent to Percentage Rent
A complete reference for commercial lease financial terms. Covers base rent, escalations, NNN vs gross, TI allowances, and percentage rent with examples.
Boise is one of the fastest-growing commercial markets in the US, driven by tech, food manufacturing (Lamb Weston, Simplot), and distribution. The Tech Park and downtown corridors are active. Idaho is landlord-friendly with low costs relative to West Coast markets.
By Angel Campa, Founder · Updated March 2026
Commercial Space
30M sq ft
Avg Office Rent
$22–$35/sq ft
Vacancy Rate
12%
Avg Lease Term
5–10 years
Boise industrial leases are NNN with above-average rent escalations driven by tight supply. Office is Modified Gross. Tech and food manufacturing leases include specialized utility and power provisions.
Idaho Landlord–Tenant Guide
State-specific commercial lease laws, notice periods, and tenant rights for Idaho →
Boise has seen some of the fastest industrial rent growth in the US due to tight supply and West Coast migration demand. Annual escalation clauses above 3% are increasingly common, making rent escalation provision extraction critical.
A complete reference for commercial lease financial terms. Covers base rent, escalations, NNN vs gross, TI allowances, and percentage rent with examples.
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