Weighted Average Unexpired Lease Term

The Weighted Average Unexpired Lease Term (WAULT), also known as Weighted Average Lease Term (WALT) or Weighted Average Lease Expiry (WALE), is a leasing metric in commercial real estate that quantifies the average time remaining on lease contracts across a property’s tenants, weighted by rental income. WAULT is an essential indicator used to evaluate the … Continue reading Weighted Average Unexpired Lease Term