Tenant Improvement Allowance Calculator
Calculate TI build-out costs, landlord allowance coverage, and out-of-pocket expenses.
Inputs
SF
$/SF
$/SF
months
$/SF/yr
Results
Total TI Allowance
$120,000
Total Build-Out Cost
$165,000
Out-of-Pocket Cost$45,000
Unused Allowance$0
Amortized Monthly$2,000
Effective Rent Reduction$8
TI as % of Lease Value26.67%
How to Use This Calculator
- Enter Leasable Area in square feet and TI Allowance per SF offered by the landlord.
- Set Actual Build-Out Cost per SF based on contractor estimates for your planned improvements.
- Enter Lease Term in months and Base Rent per SF per year for context.
- Review Total TI Allowance vs. Total Build-Out Cost to see your Out-of-Pocket cost.
- Check Amortized Monthly to understand the effective cost per month of tenant improvements.
- Use Effective Rent Reduction per SF to compare net rent across leases with different TI packages.
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