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How to Calculate Commercial Rent [Price Per Square Foot Simplified]

// Learn how to confidently buy your first property with my investment program: https://www.crecentral.com/ Today, I'm going to teach you how to calculate commercial rents based on price per square foot. Commercial real estate, much like other industries, is rampant with its own unique lingo. Words like “triple net” and “cap rate” are thrown around as if they’re common knowledge, but if you’re not in commercial real estate, you likely won’t be able to keep up with the various terms. Calculating commercial rent can be just the same. When a commercial real estate broker or property owner tells you that their property is “$32.00 per foot, triple net,” what does that actually mean? Wouldn’t it be easier if rent was just given on a total monthly amount? Well, yes and no. Commercial rents are calculated on a price per square foot basis because, more often than not, spaces may be divided or combined. These numbers give industry professionals a quick snapshot to compare rent prices among various properties. After all - $5,000 per month doesn’t tell you how big the space is or what is included in the base rent. Here's how to calculate commercial rents when you've been given a price per square foot and I'll also include a commercial rent calculator. Commercial Rent Calculator: https://bit.ly/rent-calculators 0:00 - Start 0:39 - Why commercial real estate uses price per square foot 1:14 - The math behind calculating rent per square foot 2:06 - Usable vs. rentable square footage 4:04 - How lease structures impact rent calculations ----------------------------------------------------------------------------------------------- // SUBSCRIBE TO MY CHANNEL    / @tylercauble   ~~~~ // FREE REAL ESTATE INVESTING RESOURCES Register for our next FREE Commercial Real Estate Investing Webinar: https://www.tylercauble.com/webinar How to Transition From Residential to Commercial Real Estate Course: https://www.crecentral.com/transition... Due Diligence Checklist for Buying Commercial Property https://www.tylercauble.com/due-dilig... Commercial Real Estate Deal Analysis Toolkit https://www.tylercauble.com/deal-anal... ~~~~ // WORK WITH TYLER Join the CRE Accelerator Mastermind - get my step-by-step investing blueprint, a supportive community, and group coaching: https://www.crecentral.com The Beginner’s Guide To Commercial Real Estate Investing Course: https://tyler-cauble.mykajabi.com/beg... Invest in commercial real estate with me: https://www.tylercauble.com/invest Check out our underwriting models https://www.TylerCauble.com/models Get my game-changing commercial real estate tools and resources: https://www.tylercauble.com/resources ~~~~ // FOLLOW US ○ Instagram: /   / commercial_in_nashville   ○ LinkedIn: /   / tylercauble   ~~~~ // ABOUT TYLER CAUBLE Tyler is a Nashville native and the best-selling author of Open For Business: The Insider's Guide to Leasing Commercial Real Estate. He has experienced all sides of commercial real estate deals, including brokerage, management, investing, and development. --------------------------------------------------------------------------------------------------------- The information provided in this video should not be construed or relied on as investment advice for any specific fact or circumstance. Its content was prepared by Tyler Cauble with its main office in Nashville, TN. This video is designed for entertainment and information purposes only. Viewing this video does not create a broker-client relationship with Tyler Cauble or any of its agents. You should not act or rely on any of the information contained herein without individual professional advice. #commercialrealestate #realestateinvesting #cre #investing