What is CAM?
Common Area Maintenance (CAM) is the cost associated with maintaining the common areas of a commercial property. This can include everything from landscaping and snow removal to security and utilities. CAM charges are typically paid by the tenant in addition to their base rent.
The amount of CAM charges can vary greatly depending on the size and amenities of the commercial space available. For example, a small office building with minimal common areas may only have a few hundred dollars in monthly CAM charges. In comparison, a large shopping mall with multiple restaurants and retailers could have several thousand dollars in monthly CAM charges.
How Does CAM Work?
CAM charges are generally calculated as a percentage of the property's total square footage. The percentage can vary depending on the type of property but is typically between 1-5%. For example, if a commercial o