The Vacancy Bleed Calculator
Most owners track vacancy as a percentage. Here's what it costs in dollars.
Each space, per month
$3,750
ACROSS THE PORTFOLIO
$18,750/ month
One full lease cycle
$33,750
Cutting 3 months off one
$11,250
ANNUAL BLEED
$225,000/ year
What this number means
A 20,000 SF industrial building at $5 per SF NNN collects roughly $8,300 a month. A year vacant is about $100,000 not collected.
A 1,300 SF retail suite at about $1,750 a month collects $14,000 over eight months.
This is the rent you never collect. Not deferred - gone. A space that sits nine months doesn't earn that rent later, it earns nothing for nine months and then starts fresh.
Most owners have this number in a spreadsheet as a percentage. Almost nobody has it in dollars.
Want to know how many businesses could actually take that space?
Send me one vacant address and I'll map the trade area - how many businesses within a real drive could physically use it, broken out by category. Free, no call.