Services
Fair Market Rent and Lease Renewal Appraisals
Independent fair market rent opinions for lease renewals, option periods, rent resets and lease arbitration, for landlords and tenants.
Renewal and option rent
Many commercial leases set renewal or option rent at "fair market rent." We provide an independent opinion based on comparable leases.
Reading the lease
The definition of fair market rent in your lease controls the answer. We apply its exact terms, including assumptions about improvements, term and who pays expenses.
Arbitration
When a lease calls for one, two or three appraisers to set rent, we can serve as your appraiser or as the neutral.
Local lease data
Our opinions rely on actual Connecticut lease comparables, not asking rents or national surveys.
Common questions
Is fair market rent the same as asking rent?
No. Asking rents are a starting point, but signed leases, concessions and expense structure tell the real story.
Can you value ground lease rent resets?
Yes. Ground lease resets often depend on land value and a return rate, and we can address both.
Need a commercial appraisal?
Tell us about the property and what the appraisal is for. We will respond with a fee and a delivery date, usually within one business day.