Is a commission for a QSR typically based on $/PSF or a % of the rent?

If you have a 1,500 square foot user, and take a $6 PSF commission, that comes out to $9,000. But if the 1,500 square foot user signed a 10 year lease at $35 PSF, that $525,000 in total rent paid to LL and 4% of this $21,000. Difference of $12,000. For smaller restaurants/retailers, do they do % or $/PSF?
In Leasing Property - Asked by Dan F. - May 7, 2014
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Max L.
Brooklyn, NY

There is nothing typical, except what the broker would "typically" say is typical, which the the higher commission rate. That said, rates are usually calculated by %.

May 7, 2014
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salah m.
Edgewater, NJ


May 7, 2014
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Dalip S R.
Lumberton, TX

% of the rent.

May 9, 2014
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Jeff c.
Flemington, NJ

% of rent. If you are the landlord and want to get the property shown more you may want to add a % bonus to the commission to the procuring realtor. That will give realtors a little extra reason to show your property more.

May 10, 2014
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Ron L.
Dallas, TX

% of the rental paid over the lease period.

Jun 21, 2014
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