CAM Admin Fee Calculator

Landlords add admin fee on CAM. This calculator sizes the charge.

Total CAM hard cost

Admin fee rate

Excluded categories

Tenant pro-rata share

Tenant admin fee share

$8,694

Total admin fee

$207,000

Admin fee base

$1,380,000

How the math works

Admin fee = (CAM hard − excluded categories) × admin rate. Tenant share at pro-rata.

Admin fee exclusions are where sophisticated tenants save real money. Getting taxes, insurance, and capital items excluded from the admin fee base typically cuts the charge 25-40%. On a 4.2% tenant at $15M center, admin fee exclusions can save $3-8k/yr.

How to Use

Enter total CAM hard cost.
Enter admin fee rate %.
Enter excluded categories dollar.
Enter tenant pro-rata share %.
Read tenant admin fee share.

Frequently Asked Questions

Typical rates?

Office: 10-15% on CAM hard cost. Retail: 12-18%. Industrial: 5-10%. Medical office: 15-18%. Rate usually fixed in lease; some caps on annual growth. Negotiation point especially for anchor/major tenants.

What's excluded?

Capital items (roof, HVAC replacement) typically excluded or amortized separately. Real estate taxes often excluded. Insurance sometimes. Management fees often sit alongside admin fee, not included in it. Lease defines precisely.

Audit rights?

Most modern leases grant tenant audit rights annually or every 2-3 years. Audit findings over 3-5% variance often refundable with landlord paying audit cost. Major national tenants push for full audit transparency and cap categories.