WALT (Weighted Average Lease Term)
WALT is the average remaining lease term across a property's tenants, weighted by their size or rent. It measures income durability and rollover risk.
WALT (weighted average lease term) is the average remaining lease term across a property's tenants, weighted by each tenant's size (square feet or acres) or rent. A WALT of 6.5 years means, on a weighted basis, the in-place income is contracted for roughly six and a half more years.
Why it matters: WALT is a direct read on income durability and rollover risk. A long WALT with credit tenants is a stable, financeable cash flow; a short WALT means near-term re-leasing exposure — vacancy, downtime, and the landlord absorbing normally-reimbursed expenses during any dark period.
On IOS and single-tenant NNN deals, WALT and tenant credit largely define the risk. UpsideIQ computes WALT from your lease detail and flags rollover/dark-period exposure in the projection.
See it on a real deal — free
Tell UpsideIQ your investment criteria once — every deal gets analyzed, graded, and flagged against YOUR targets, not a generic score.
Related terms & guides