Tenant Improvements (Tis) - Assume that you enter into a 5-year commercial lease at $30/PSF/YR rental rate for 25,000 square feet of space. You allow $150,000 in tenant improvements at the beginning of year 1 of the lease. What would be the actual income in dollars collected from the tenant in year one assuming you allow them to deduct the Tis from their rent?

Answer rating: 100% (QA)

Heres how to calculate the actual income collected in year one ... View the full answer