CAM Reconciliation by Property Type

Every property type has distinct CAM pools, lease structures, and billing nuances. A gross-up formula that works for Class A office is wrong for warehouse distribution. Use these guides to understand the CAM mechanics specific to your property type.

Property Types

Covered in detail

Office

Class A Office

$10.00–$18.00/SF · Full-service gross

Class B Office

$7.00–$13.00/SF · Modified gross

Suburban Office

$5.50–$11.00/SF · Modified gross with base year

Medical Office Building (MOB)

$9.00–$17.00/SF · Modified gross

Retail

Neighborhood Retail Center

$4.00–$9.00/SF · NNN (most common)

Power Center

$3.00–$7.00/SF · NNN

Lifestyle Center

$8.00–$16.00/SF · NNN with marketing fund contribution

Strip Mall

$2.50–$6.00/SF · NNN (most common)

Industrial

Warehouse / Distribution

$1.50–$4.00/SF · NNN (dominant)

Manufacturing Facility

$1.00–$3.50/SF · NNN (single-tenant dominant)

Flex Industrial

$2.50–$6.50/SF · NNN

Mixed-Use

Mixed-Use Vertical

$8.00–$20.00/SF · NNN for retail

Mixed-Use Horizontal

$3.00–$10.00/SF · Master association CAM for shared areas

Specialty

Life Sciences / Lab

$15.00–$35.00/SF · NNN (most common)

Data Center

$12.00–$30.00/SF · NNN with power pass-through

Self-Storage

$2.00–$5.00/SF · Gross lease (most common — tenants pay flat rate)

Hospital Campus

$6.00–$14.00/SF · Ground lease with campus CAM overlay

Ground Lease

$0.50–$3.00/SF · Absolute NNN ground lease

Validate CAM for Any Property Type

CapVeri applies property-type-specific validation rules to your CAM reconciliation — catching gross-up errors, cap violations, and billing mistakes from your Yardi or MRI exports.

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