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What Does $/SF Year Mean? - Northeast Philly Retail “SF” stands for square footage, which is a measurement of area—specifically, the gross floor area of a space or building. In commercial real estate, this is the
This is often shortened to $/SF/YR (for annual rates) and $/SF/MO (for monthly rates). Base Rent: The minimum rent that a tenant pays for the space $10 per square foot would be the annual rental rate for the space in question. What you would do you would take the size of the space, multiply it by the $10
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5 signs you’re smarter than average #shorts In the commercial leasing industry, $/SF/year or $/SF/yr means the rent per square foot per year. Why is this important? This is because most commercial rental
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In practice: ([$30 x 2,500 SF] x 1.07) + ($15 x 2,500 SF) + $10,000 + $3,500 = $131,250/YR annual or $10,937.50/mo fixed real estate cost for Seeing this message does not mean your post was automatically removed. Negotiating down to $6.75/sf/yr ($2250/mo) is probably more realistic.
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