Total supply of commercial real estate
Refers to all existing space vacant or occupied, built, forecasted, or demolished, for a particular market area for a specific period of time.
Total forecast supply
Total existing inventory plus forecast planned additional inventory minus forecast planned removed inventory for a specific commercial property type in a given market area.
Total existing inventory
In reference to commercial real state, it is existing and currently available supply or stock as represented by the total number of units or total amount of space available of a specific commercial property type in a given market at a particu...
Total employment
The total number of actively employed people in the workforce within a given geographic area at a particular point in time.
Total effective rent
The total dollar amount (cash flow) that the tenant actually will pay out over the entire period analyzed.
Total effective rate
The rate per square foot paid by the tenant over the entire period analyzed.
Formula:
Total effective rate = Total effective rent Square footage rented
Time value of money (TVM)
An economic principle recognizing that a dollar today has greater value than a dollar in the future because of its earning power.
TI allowance from owner
Entry on the tenant’s Cash Flow Form. A specified amount of money the owner will pay for tenant improvement.
Threshold population
The minimum number of people or minimum market area or sales volume necessary to sustain a business or make it economically viable. Also see high order goods and lower order goods.