If you lease NNN space, you already know the asking rent is only half the story. The other half is the +N number. And if that number is wrong, you are either scaring tenants off or quoting a deal that will have to be corrected later.
That was the problem on vacant suites early in the year. If PigJet quoted NNN off year-to-date actuals, the number could come in far too low simply because only a few months of tax, insurance, and recoverable expenses had posted. On Lincoln-Pico, that meant a misleading quote of about $0.28/RSF/mo instead of the budget-backed $1.74/RSF/mo the property was actually pacing toward.
What changed
On the `Units` tab, PigJet now calculates vacant-suite NNN from the property's current-year budget instead of partial actuals. The estimate sums TAX + INSURANCE + RECOVERABLE budget categories, then divides by total RSF and 12 months to produce the monthly `$/RSF/mo` number landlords actually need when quoting space.
That budget-based figure now flows into three places on vacant rows:
- the `$/RSF/mo` breakdown
- the `Monthly` column as an estimated all-in dollar amount
- the hover tooltip, which shows base rent, NNN, and the projected all-in monthly total together
If no budget is set for the current year, PigJet does not quietly fall back to a bad estimate. Instead, the row shows a `Set {year} budget` warning that links straight to `Recovery/CAM`.
Why this matters
Budget is the right source when you are quoting open space. Leasing happens before the year is over. Using partial actuals in April or May can make a vacancy look much cheaper than it really is, especially on retail properties where taxes and insurance hit unevenly during the year.
This update makes vacant-suite pricing more defensible for landlords, brokers, and asset managers. The quoted +N number is tied to the same budget landlords are using to run the property, and the all-in monthly figure is visible without making anyone do math in a spreadsheet or on a call.
It also cuts down on awkward backtracking. If a prospect is underwritten at an artificially low NNN number, you are usually fixing expectations later in the process. That wastes time and creates avoidable friction.
Where to find it
Open any commercial property's `Units` tab and look at a vacant row. You will now see the projected all-in monthly amount in the `Monthly` column and the budget-based NNN breakdown in `$/RSF/mo`.
If you want the full recovery workflow behind that quote, see PigJet's CAM reconciliation use case and the broader features overview.