{
  "url": "https://classa.info/glossary/opex-cap",
  "title": "Operating expense cap",
  "description": "Annual cap on the tenant's share of building operating expenses.",
  "oneSentenceAnswer": "Annual cap on the tenant's share of building operating expenses.",
  "tldr": [
    "Annual cap on the tenant's share of building operating expenses.",
    "Caps prevent runaway opex pass-throughs in inflationary environments."
  ],
  "keyFacts": {
    "category": "Leasing",
    "regionScope": "US, EU"
  },
  "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/opex-cap), updated 2026-04-01T00:00:00.000Z."
}