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Realtors and property managers often state the lease amount for commercial buildings in terms of square footage, such as $1.87 per square foot. Depending on the space you are leasing, this term can be misleading.ivide that amount by your usable square footage to calculate your actual price per usable square foot. For example, if the rentable square footage is 1,130 and the price is $1 per square foot, your monthly lease amount is $1,130.
Rates Most commercial lease rates are quoted in annual dollars per square foot. Example: $15/SF In most cases (at least on the east coast of the US) this means you will pay $15.00 per square foot per year. Example: $15 per square foot for 1200 square foot would be calculated $15.00 X 1200 = $18,000 for the year or ($15.00 X 1200)/12 = $1,500 per month. On the west coast of the US the rate might be quoted in dollars per square foot per month.