Juanita is correct in her answer, but keeping in mind, there is no set "standard". The commission will also vary on the type of lease. For example, a modified gross lease with a monthly rental amount of $6K/month, for a three year lease (avoiding the acceleration to keep it simple) results in a $216K gross amount, in which the commission would be based off of a percentage of this amount. However, a NNN lease, that has a $15/SF + $4NNN, typically, you would not have a commission on the NNN amount, only the base rent for this lease type. Again, there is no standard for commission, but this is usually the formula for commercial properties.
Mar 14, 2017