You will receive every imaginable proposal to lease office.It may come in the simple form of very little analysis required because the rent is a fixed amount for every month, and there are zero concessions to value, to the complicated form of being required to understand the real value of variable rental amounts, substantial free rent, cash for moving, assumption of an existing lease, planned increases in expenses, among many other components.In any event, it is best to have a mechanism capable of bringing any and all of the varying alternatives you will face back to a common and comparable financial base.
By using a software-based lease analysis program, you will be able to see your different leases side-by-side based on the total dollar amounts or net present value of the dollars over time; this system will also view your dollars of net present value (NPV) relative to the “usable” and “rentable” square footage so you can see a pure and accurate financial comparison.You can develop several views of all the buildings considering planned or possible expansions and contractions in square footage.There are many affordable Lease Analysis software packages available on the internet.Look for the systems which are designed primarily for the tenant.These can be ordered to arrive by mail, but many now have downloadable programs so you can start immediately.These systems let you change views and deal structures in a heartbeat, providing graphs and charts as well to visualize the dollars.These also help in making your presentation to colleagues and other interested parties to your lease.
Nothing contained herein is to be considered legal advice. Always seek legal advice when evaluating any legal document
