{
  "url": "https://classa.info/glossary/effective-rent",
  "title": "Effective rent",
  "description": "Face rent minus the present value of all concessions, expressed per square foot per year.",
  "oneSentenceAnswer": "Face rent minus the present value of all concessions, expressed per square foot per year.",
  "tldr": [
    "Face rent minus the present value of all concessions, expressed per square foot per year.",
    "Effective rent is the only meaningful number for cross-deal comparison."
  ],
  "keyFacts": {
    "category": "Lease economics",
    "regionScope": "Global"
  },
  "pageType": "glossary",
  "lastUpdated": "2026-04-01T00:00:00.000Z",
  "license": "CC BY 4.0 with attribution to Class A Atlas (https://classa.info).",
  "citation": "Source: Class A Atlas (https://classa.info/glossary/effective-rent), updated 2026-04-01T00:00:00.000Z."
}