Rentable vs Usable Square Feet

Rentable square footage includes a tenant's usable space plus their proportionate share of common areas (lobbies, hallways, restrooms), calculated using a load factor. The difference between usable and rentable SF determines the true cost per square foot a tenant pays.

Rentable vs Usable Square Feet is a key concept that affects property valuation, financing decisions, and investment returns in the triple net lease market. Understanding Rentable vs Usable Square Feet helps investors make informed acquisition and management decisions.

Rentable vs Usable Square Feet directly influences how commercial properties are valued, financed, and traded. Changes in Rentable vs Usable Square Feet can impact cap rates, NOI calculations, and overall investment performance for net lease properties.

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General and for orientation only. How any of this applies to a specific property, lease or transaction is a question for your own advisors. Ask about a property.