• In order to determine the percentage in rent, subtract the gross sales from $143,000 the month to find the difference and multiply it with 7%:
Therefore, the percentage month for the month is $1,890.
• In order to determine the total rent due, add the percentage for the month to the base rent:
Therefore, the total rent due for the month is $11,890.
B. Tenants can generally negotiate higher TIs for existing space than for space in a newly developed project.
B. Net Lease.