Calculate weighted average lease term using tenant-level lease data. Toggle between WAULT, weighted by annual rent, and WALT-style space exposure, weighted by square footage.
WAULT weights each tenant’s remaining lease term by annual rent. This is useful for understanding income durability and rent rollover risk.
| Tenant Name | Suite | Square Footage | Annual Rent | Lease Expiration Date | Remaining Term | Weight Used | Remove |
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Weighted average remaining lease term based on annual rent.
WAULT is usually best for measuring income durability because it weights remaining lease term by annual rent. WALT-style space exposure can be useful when you want to understand remaining lease term weighted by square footage. For true original lease-term WALT, you would also need lease commencement dates.