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Calcimator

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

$120,000.00

Total Build-Out Cost

$165,000.00

Out-of-Pocket Cost$45,000.00
Unused Allowance$0.00
Amortized Monthly$2,000.00
Effective Rent Reduction$8.00
TI as % of Lease Value26.67%
How to Use This Calculator
  1. Enter Leasable Area in square feet and TI Allowance per SF offered by the landlord.
  2. Set Actual Build-Out Cost per SF based on contractor estimates for your planned improvements.
  3. Enter Lease Term in months and Base Rent per SF per year for context.
  4. Review Total TI Allowance vs. Total Build-Out Cost to see your Out-of-Pocket cost.
  5. Check Amortized Monthly to understand the effective cost per month of tenant improvements.
  6. Use Effective Rent Reduction per SF to compare net rent across leases with different TI packages.
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