{"id":922,"count":2,"description":"\r\nJump to:\r\nWhat are square feet?<\/a>\r\nWhat is the difference between usable square feet and rentable square feet?<\/a>\r\n\r\n\r\nWhat are square feet?\r\n\r\nA square foot is a unit of measurement of surface, which is most frequently employed to quantify the object of a commercial lease. A lease rate is, usually, expressed as $\/square foot and is calculated according to the surface space that is being leased.\r\nTo define the rental space, the length and width of it are measured and multiplied. The result is the lease area square footage.\r\n\r\nFor example, a space that is 45 feet by 80 feet has an area of 3,600 square feet.\r\n\r\n\r\nWhat is the difference between usable square feet and rentable square feet?\r\n\r\nUsable Square Footage refers to the space that is being occupied, wall to wall. This does not, generally, include common areas, such as hallways, restrooms, lobbies, stairwells, storage rooms, etc. This does not apply to commercial tenants who lease entire floors of a building or an entire building, since such spaces are not shared with other tenants.\r\nRentable Square Footage includes usable square footage and adds a portion of the property\u2019s shared space, that is space that is outside the occupied space and is of benefit to the tenant. This addition is referred to as \u201cload factor,\u201d or \u201ccommon area factor.\u201d\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\n\r\nYou might also be interested in:\r\n\r\n \tWhat is negligent tort?<\/a>\r\n \tWhat is part performance?<\/a>\r\n \tWhat is planned additional inventory?<\/a>\r\n\r\n\r\n\r\nSearch other terms\r\n\r\n\r\n\r\nA<\/a>\r\nB<\/a>\r\nC<\/a>\r\nD<\/a>\r\n\r\n\r\nE<\/a>\r\nF<\/a>\r\nG<\/a>\r\nH<\/a>\r\n\r\n\r\nI<\/a>\r\nJ<\/a>\r\nK<\/a>\r\nL<\/a>\r\n\r\n\r\nM<\/a>\r\nN<\/a>\r\nO<\/a>\r\nP<\/a>\r\n\r\n\r\nQ<\/a>\r\nR<\/a>\r\nS<\/a>\r\nT<\/a>\r\n\r\n\r\nU<\/a>\r\nV<\/a>\r\nW<\/a>\r\nX<\/a>\r\n\r\n\r\nY<\/a>\r\nZ<\/a>\r\n\r\n\r\n\r\nPopular terms\r\n\r\n\r\n\r\nAmortization<\/a>\r\n\r\n\r\nEquity <\/a>\r\n\r\n\r\nNotary Public <\/a>\r\n\r\n\r\nProgression\/Regression<\/a>\r\n\r\n\r\nAcquisition <\/a>\r\n\r\n\r\nAnnuity <\/a>\r\n\r\n\r\nAsset <\/a>\r\n\r\n\r\nFiduciary <\/a>\r\n\r\n\r\nInflation <\/a>\r\n\r\n\r\nContingency <\/a>\r\n\r\n\r\nEscrow<\/a>\r\n\r\n\r\nPower of attorney <\/a>\r\n\r\n\r\nReal Estate Agent <\/a>\r\n\r\n\r\nEminent Domain <\/a>\r\n\r\n\r\nLiability <\/a>\r\n\r\n\r\nStatute of Limitations<\/a>\r\n\r\n\r\nValid <\/a>\r\n\r\n\r\nVariance<\/a>\r\n\r\n\r\nContiguous <\/a>\r\n\r\n\r\nDeficit<\/a>\r\n\r\n\r\n\r\n","link":"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-square-feet\/","name":"Square Feet","slug":"cre-term-square-feet","taxonomy":"post_tag","meta":[],"yoast_head":"\nWhat are Square Feet? - Commercial Real Estate Dictionary<\/title>\n<meta name=\"description\" content=\"A square foot is a unit of measurement of surface, which is most frequently employed to quantify the object of a commercial lease.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-square-feet\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Square Feet Archives\" \/>\n<meta property=\"og:description\" content=\"A square foot is a unit of measurement of surface, which is most frequently employed to quantify the object of a commercial lease.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-square-feet\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"CollectionPage\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-square-feet\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/tag\/cre-term-square-feet\/\",\"name\":\"What are Square Feet? 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