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CPR Tenant Concession Package Calculator

Concession packages aggregate. This calculator sums.

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Total concession cost

$765,000

Free rent value

$240,000

% of 10-year rent

15.94%

How the math works

Sum all concession components. Express as % of 10-year rent.

6 months free ($240k) + $300k TI + $50k moving + $150k LCs + $25k consult = $765k total package. On 10-year $4.8M rent: 15.9% concession package. Moderate-to-aggressive by market.

How to Use

  1. Enter free rent months.
  2. Enter monthly rent.
  3. Enter TI allowance.
  4. Enter moving allowance.
  5. Enter leasing commissions.
  6. Enter consulting/reimbursements.
  7. Read total concession cost.

Frequently Asked Questions

Concession package components?

Free rent. TI allowance. Moving allowance ($5-15/SF typical). Fit-out reimbursement. Consulting reimbursement (architect, project mgmt). Broker commissions. Early move-out rights. Each separately negotiated; layered into deal.

Typical scale?

Mid-market office lease: 10-20% of total rent in concessions. Class A urban: 12-25%. Weak markets: up to 30-40%. Hospitality/retail: varies widely. Packages grow in soft markets; shrink in tight.

Lender scrutiny?

Lenders analyze effective cash flow (NER-based). Heavy concessions may exclude in underwriting (contingent on rent commencement). Stress tests assume full concession burn. Large packages can affect loan sizing — reveal transparently.

What documentation matters here?

Written leases, move-in/move-out inspections with photographs, ledger entries showing every payment and charge, served notices with proof of service, and contemporaneous emails or texts. Courts weigh written evidence heavily; informal understandings rarely stand. Institutional operators run a monthly file audit to catch gaps before they matter. Good paper trails recover most of what's owed.

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