· Fact Lease
How to read the September 2026 San Antonio median of $21 per square foot per year (n=416) against a monthly asking rent. The snapshot converts only under its method. A suite page does not.
A suite page can show a monthly rent for the whole suite, a rate per square foot per year, a rate per square foot per month, or a per-square-foot figure that never says which period. Those are not one scale. The September 2026 citywide median, $21 per square foot per year (n=416), is only the last step: readings that convert under the snapshot rules.
1991 suites are in the window and 582 state a base rent. Quoting $21 as if it were the rent on all 1991 suites reads a median as a census. It is not.
The snapshot and the suite page answer different questions. The suite page repeats the stored baseRent and baseRentUnit. The snapshot builds one comparable median and leaves the stored fields where they were.
A rent stored as usd_per_sf_year is used as stated. A rent stored as usd_per_sf_month is multiplied by 12. That is a unit conversion of a stated rate, not a new rent and not a second observation.
A rent stored as usd_per_month is converted only when area is stated and greater than zero: monthly rent times 12, divided by the stated square feet. A rent stored as usd_per_year is divided by stated square feet the same way. The result is an input to the median. It is not written back onto the suite page.
The September 2026 citywide n of 416 is the count of readings that survive those rules after duplicates are collapsed. The method on the snapshot is the checklist. This note does not add a rule the snapshot does not print.
$21 per square foot per year, divided by 12, is $1.75 per square foot per month. That division is a reading of the published median. It is not a stored baseRent, and it is not a second observation.
On a worksheet, $21 per square foot per year is $21,000 per year for 1,000 square feet, or $1,750 per month for that same area. Fact Lease did not observe a 1,000-square-foot suite at that rent. The 1,000 is a round denominator so the published rate can be read in dollars per month.
A proposal already written as dollars per square foot per year can be set next to its class row. A proposal written as dollars per month for the suite cannot, until area is known and the snapshot rules would have converted it. This page does not supply a missing area.
Readings that state a monthly rent and no area stay in a per-month median: office $450 per month (n=9). They are not divided into a per-square-foot rate.
Readings that state a per-square-foot figure and do not say year or month stay out of the per-year median: office $17.50 per square foot, period not stated (n=11); retail median not published (n=1).
The office period-not-stated median is $17.50 per square foot (n=11). Multiplying that median by 12 would produce $210 per square foot per year. The snapshot does not do that. The source pages did not say the period was a month, so the readings stay out of the per-year median.
The office per-month median is $450 per month (n=9). Those readings have no stated area. Dividing $450 by an area would invent square feet. None are invented, so those readings never enter the citywide per-year median.
A suite page stores the unit the public page used. How to read a stated asking rent works one stored example per unit and does not convert those examples. Dollars per square foot per year versus dollars per month and rent units are the short answers. Stated rents by use type counts stored units. Those pages do not replace baseRent with the snapshot median.
The figures above are asking rents printed on public pages dated 2026-09-23. They are not closed transactions, not effective rents, and not a confirmation that a suite is available. A null base rent stays out of the median. Fact Lease does not fill it in.
Fact Lease is not leaseledgerapp.com accounting software.
