occupancy cost

Isaac Kremer/ July 2, 2025/ / 0 comments

This term describes the tenant’s rent, pro rata share of any operating costs (taxes, insurance, common area maintenance), personal property taxes, and tenant insurance and may include depreciation or amortization of tenant improvements Percentage Rent. (Davis, 2025)

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IsaacKremer.com is the personal website of Isaac Kremer, MSARP, a nationally recognized leader in the Main Street Approach to commercial district revitalization with over 25 years of experience. Kremer, New Jersey's first certified Main Street America Revitalization Professional (MSARP), has served as founding executive director for organizations like Experience Princeton and the Metuchen Downtown Alliance, which won a Great American Main Street Award under his leadership. He recently became director of the Royal Oak Downtown Development Authority in Michigan.

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