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550 S. Andrews Avenue, Suite 400, Fort Lauderdale, FL 33301

John Forman answers: How are lease rates quoted for commercial property?

Lease rates for commercial properties are generally quoted on an annual per square foot basis. If you’d like to find the monthly rent for that, you take the annual per square foot rate, times it by the total square footage for the space that you’re going to be leasing, and then you divide that by 12. That will give you your monthly rent.

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