Occupancy Cost

« Back to Glossary Index

The total cost incurred by a tenant in order to occupy space in a building. These costs are all stipulated in the lease agreement and include items such as base rent, tenant reimbursement expenses, percentage rent, parking charges, etc.

Related Content:
« Back to Glossary Index
Spencer Burton
Spencer Burton
Born and raised in the Northwest United States, Spencer Burton has over 15 years of residential and commercial real estate experience. In his current position, Spencer sources and analyzes new investments for a $45bn real estate fund. Spencer Burton holds a Bachelor of Arts in International Affairs with an emphasis in economics from Florida State University and a Master of Professional Studies in Real Estate with a concentration in finance from Cornell University.

You may also like

What’s New – Accelerator for Marcus & Millichap Changelog
1 June, 2019

« Back to Glossary IndexJanuary 2022 Added a ‘Calculating Gross Returns vs. Net Returns’ section to the Adding GP Fees lesson in the Modeling Partnership Cash Flows course Created a ‘Calculating Gross Returns vs. Net Returns’ tutorial video By popular …