Commercial Lease Comparison Tool

Enter two lease proposals to compare total occupancy cost, effective rent, and 5-year expense - side-by-side.

Use this tool when evaluating competing lease proposals or comparing renewal vs. relocation options. Enter the key financial terms for each lease and get an instant side-by-side cost breakdown.

Compare Lease Proposals

Interactive

Lease A

sq ft
$/sq ft/yr
$/sq ft/yr
/month
% per year
years
months
total $

Lease B

sq ft
$/sq ft/yr
$/sq ft/yr
/month
% per year
years
months
total $

Side-by-Side Comparison

Square Footage

Lease A

2,500 sq ft

Lease B

2,500 sq ft

Base Rent (Year 1)

Lease A

$55,000/yr

Lease B

$60,000/yr

All-In Year 1 Cost

Lease A

$75,000

Lease B

$77,500

5-Year Total (face rent)

Lease A

$392,002

Lease B

$402,880

Less: Concessions (TI + free rent)

Lease A

$50,000

Lease B

$37,917

Effective 5-Year Cost

Lease A

$342,002Better

Lease B

$364,963

Effective Annual Rent

Lease A

$68,400

Lease B

$72,993

Effective Rent / Sq FtKey metric

Lease A

$27.36/sq ft/yrBetter

Lease B

$29.20/sq ft/yr

With 5-year term, Lease A has a lower effective rent of $27.36/sq ft/year - $22,961 less in effective total cost.

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Frequently Asked Questions

What factors should I compare when evaluating two lease proposals?

Focus on total occupancy cost, not just base rent. Key factors: effective rent after concessions (TI allowance + free rent), NNN/operating expense pass-throughs, annual escalation rate, lease term, and option provisions. A lease with lower base rent but higher NNN charges or fewer concessions may cost more over the full term.

What is the best way to compare a gross lease vs NNN lease?

Convert both to effective rent per square foot per year, inclusive of all occupancy costs. For a gross lease, the base rent includes operating expenses - enter NNN charges as $0. For a NNN lease, add base rent plus all pass-throughs. The 5-year total cost comparison in this tool accounts for escalations and concessions.

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