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Base Rent Escalation Calculator

Commercial leases use one of three escalation structures: fixed percent annual bumps, CPI-indexed adjustments with a floor and cap, or stepped schedules with different rates for the early and late years. This calculator builds the complete escalation table, totals contract rent, and reports the final-year run rate so brokers can model NPV and underwriters can size loan proceeds correctly.

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Total contract rent

$1,719,582

Average annual rent

$171,958

Final year rent

$195,716

How the math works

Base rent escalation supports three structures: fixed % bumps, CPI-indexed bumps with floor/cap, and stepped (e.g., 3% for years 1-5, then 4% years 6-10). CPI clauses with floor and cap protect both parties from runaway swings.

Most institutional leases prefer fixed escalators because they're predictable for underwriting.

How to Use

  1. Enter year-1 base rent and the lease term.
  2. Choose escalator type (fixed, CPI, stepped).
  3. Enter the relevant escalator parameters.
  4. Read total contract rent, average annual rent, and final-year rent.

Frequently Asked Questions

Which escalator type benefits landlords most?

In high-inflation environments, uncapped CPI wins. In low-inflation, fixed 3% wins. Stepped is most common for tenant-friendly deals where early years are softer.

What's a typical CPI floor and cap?

Floor 2% and cap 5% is common — protects landlord against deflation while shielding tenant from runaway inflation.

Do escalators apply to opex too?

Opex pass-through reflects actual costs (no escalator needed). Only base rent has a contractual escalator.

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