base rent

Base Rent

The minimum rent on a space with variable rent. For example, a company may rent retail space from a facility and pay $3,000 per month plus some percentage of its revenue. In this case, the base rent is $3,000 because it can never go below that amount.

base rent

The minimum periodic rent specified in a lease. Additions could include the tenant's share of common area maintenance (CAM—pronounced as a word), share of building operating expenses,and percentage rent based on gross retail or food sales.

单词	base rent
释义	base rent Base Rent The minimum rent on a space with variable rent. For example, a company may rent retail space from a facility and pay $3,000 per month plus some percentage of its revenue. In this case, the base rent is $3,000 because it can never go below that amount. base rent The minimum periodic rent specified in a lease. Additions could include the tenant's share of common area maintenance (CAM—pronounced as a word), share of building operating expenses,and percentage rent based on gross retail or food sales.
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