When negotiating for commercial leases, its important to know the price per square foot so that it is easy for you to calculate the amount you will be charged for the space.
Formula to calculate price per square foot commercial lease.
Example:
Suppose you have a rental space of 3,000 square feet and the total monthly rent is $ 9,600. Calculate the price per square foot.
Therefore, the price per square feet is $ 3.20.
