Fast answerThe rent paid for use of the premises before lease-defined operating costs, property taxes and other additional rent.
Why it matters
Canadian office proposals commonly display net rent prominently while total occupancy cost is much higher.
What to request
Request net rent by year, rentable area, escalation, inducements and the current additional-rent estimate.
Planning example
Multiply rentable area by the annual net rate, then add recoveries and other occupancy costs separately. The example organizes arithmetic or evidence only; the transaction documents and facts determine the result.
Related decisions
Connect this term to the area, cost, building, flexibility and document provisions elsewhere in the office decision file.
Evidence boundary: office availability and quoted economics change. Confirm current premises, authority, area, costs, permitted use and documents for the specific transaction. Read the methodology.