Understand the true cost of tenant improvements
Calculate TI allowance economics including amortization schedules, effective rent impact, and TI versus free rent comparisons.
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TI allowances are a core negotiation point
Every office and retail deal involves tenant improvement discussions. Understanding the landlord's true cost and the tenant's effective rent requires modeling that's currently done in ad-hoc spreadsheets.
Every deal involves TI discussions
Tenant improvement allowances are a core negotiation point in office and retail leasing. Understanding the true cost requires careful modeling.
Hidden economics
The real cost of a TI allowance depends on amortization rate, lease term, and whether costs are recaptured through higher rent.
TI vs. free rent trade-offs
Tenants and landlords often debate TI allowances versus free rent periods without modeling which structure is actually more favorable.
What you can calculate
Total allowance calculation
Calculate total TI allowance from per-square-foot amounts and premises size, with disbursement schedules.
Amortization schedules
Generate amortization schedules for landlord-financed TI, showing principal, interest, and monthly payment amounts.
Effective rent impact
See how TI concessions affect effective rent, the true cost per square foot after accounting for landlord investment.
TI vs. free rent comparison
Compare the economic impact of TI allowances against equivalent free rent periods for both landlord and tenant.
Cost per square foot analysis
Break down total concession packages on a per-square-foot basis for standardized deal comparison.
Landlord & tenant cost analysis
See total cost from both perspectives, including NPV calculations using the amortization discount rate.
At your service
TI provisions, drafted automatically
LeasePilot generates complete tenant improvement provisions including allowances, disbursement schedules, and work letters.