Your monthly bill, line by line
The landlord quotes rent “NNN,” meaning taxes, insurance and maintenance are billed on top of rent. Every figure below is the gross number. Each building is shown on its own, and Building A + Building B = Total.
What you pay, step by step
| Period | Months | What is happening | Base rent | PILOT | CAM | Insurance | Mgmt fee | Gross monthly cost |
|---|
Annual cost by lease year
Each lease year runs from the commencement month. Rent steps up at the start of each lease year; CAM and insurance grow at the assumed rate.
| Lease year | Months | Rent $/SF/yr | Base rent | PILOT | CAM | Insurance | Mgmt fee | Gross cost | Avg per month | Gross $/SF/yr |
|---|
Assumptions type or drag, everything recalculates
One month’s bill
| Line item | Building A | Building B | Both | $/SF/yr |
|---|
Where each dollar goes over the whole lease
Concessions, converted to dollars
| Concession | Building A | Building B | Both |
|---|
Month-by-month budget
Every month of the lease for the scenario in focus, line by line. Use the building switch above to see one building or both. This is the schedule to drop into a monthly budget.
| # | Month | Lease yr | Status | Base rent | PILOT | CAM | Insurance | Mgmt fee | Gross monthly cost | Running total |
|---|
Definitions
What each term means, using the live numbers from the scenario in focus. Change an assumption on the levers tab and these update.
Lease comps: Class A, Meadowlands and Port North
Recent Class A leases in the two submarkets closest to 681 Main Street, set against CDL’s proposal. Filter the set, hover or tap any point, and click a row for the full deal terms.