Rent Roll

Category: business

A master register containing a summary of all the current leases and tenant details for a commercial property.

The rent roll is the "building’s heartbeat." It lists who the tenants are, their square footage, their monthly rent, their lease expiration dates, and any outstanding balances. It is the very first document an investor asks for when evaluating a property purchase.

Common Examples

• The analyst scrubbed the rent roll to verify that no major tenant leases were expiring within the first two years of the planned acquisition.
• A disorganized or inaccurate rent roll is an immediate red flag for any institutional buyer conducting commercial due diligence.