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.
San Antonio is driven by military, healthcare (South Texas Medical Center), tourism, and government. The North Central office corridor and medical center are key submarkets. Texas is landlord-friendly.
By Angel Campa, Founder · Updated March 2026
Commercial Space
65M sq ft
Avg Office Rent
$18–$28/sq ft
Vacancy Rate
19%
Avg Lease Term
5–10 years
SA office leases are predominantly NNN or Modified Gross. Medical center leases include specialized healthcare provisions. Military contractor leases have security and termination provisions.
Texas Landlord–Tenant Guide
State-specific commercial lease laws, notice periods, and tenant rights for Texas →
Military contractor leases and healthcare system campus leases dominate. Both categories include specialized provisions—security addenda for defense, ADA and HIPAA context for healthcare—that require careful field extraction.
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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