AnalysisARGUS Enterprise

PDF to ARGUS Enterprise

By Angel Campa, Founder · Updated March 2026 · Saves 3–6 hours per property for due diligence

The Problem

ARGUS cash flow models require precise lease inputs — errors in rent schedules, escalation terms, or option data directly affect valuation. Manually entering 20–50 leases during due diligence creates bottlenecks, and keying errors are difficult to catch before they flow through to the cap rate analysis.

Step-by-Step Workflow

  1. 1
    Upload all lease PDFs from the data roomSource

    Upload the full set of executed lease PDFs. Batch processing allows multiple documents at once, accelerating due diligence timelines.

  2. 2
    Extract ARGUS-relevant fields for each leaseLextract

    Lextract extracts tenant name, lease start and expiration, base rent by period, escalation type and rate, free rent periods, options, and CAM structure — all inputs for an ARGUS model.

  3. 3
    Review confidence scores on escalation and option fieldsLextract

    ARGUS models are sensitive to escalation rates and option exercise dates. Review any flagged fields against the source lease before building the model.

  4. 4
    Export structured lease dataDestination

    Download the extracted lease data as an Excel file structured for ARGUS import or manual entry into the ARGUS lease tab.

  5. 5
    Build or update ARGUS modelDestination

    Enter or import the extracted lease data into ARGUS Enterprise. Validate the rent roll output against the Lextract abstracts before running the full DCF.

Who Uses This Workflow

Due Diligence AnalystsAsset ManagersInvestment Managers

How Lextract integrates with ARGUS Enterprise

Learn about the full integration between Lextract and ARGUS Enterprise, including supported export formats and critical fields.

View ARGUS Enterprise integration →

Frequently Asked Questions

Does Lextract output match ARGUS field names?

Lextract exports use standard CRE terminology that maps directly to ARGUS lease inputs: base rent, rent steps, CPI escalation, free rent, and lease expiration date. The Excel export is structured to minimize re-labeling.

How does Lextract handle CPI escalation clauses?

Lextract identifies CPI escalation provisions and extracts the base year, cap on increase, floor, and applicable CPI index. You then enter the appropriate CPI assumptions in ARGUS.

Can Lextract help with ARGUS re-underwriting?

Yes. For re-underwriting an existing hold, upload the current executed leases (including amendments) to get an updated lease abstract that reflects any modifications since the original ARGUS model was built.

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Start the PDF to ARGUS Enterprise workflow

Upload your lease PDF and get 125+ structured fields ready to import into ARGUS Enterprise. Just $20 per lease — no subscription required.

Start Extracting — $20/lease