Average rent per square foot formula
 

Hi - I have an excel spreadsheet for an office building that I need to
calculate the average rent per square foot. In the spreadsheet I have 5
columns: 1 - Leased area (sf), 2 - term of the lease (mo), 3 - rental rate
for yr 1 ($), 4 - annual increase (%), and 5 - the months of free rent. I
need the formula to take this information and spit out the average rent per
square foot. Thanks for the help!

Average rent per square foot formula
 

Depends how you are calculating the increased rent. How often are you
increasing the rent, and how is that dependent on the annual increase and on
the rent-free term? Best to give us an example.
--
David Biddulph

"GJ" wrote in message
...
Hi - I have an excel spreadsheet for an office building that I need to
calculate the average rent per square foot. In the spreadsheet I have 5
columns: 1 - Leased area (sf), 2 - term of the lease (mo), 3 - rental rate
for yr 1 ($), 4 - annual increase (%), and 5 - the months of free rent. I
need the formula to take this information and spit out the average rent
per
square foot. Thanks for the help!