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Rentable Square Feet
Real Estate Investing
Definition
The
definition of Rentable Square Feet is:
The usable square feet plus a load factor i.e. a percentage (typically 7% to 20% depending on layout of the building) of such common areas as the building lobby common hallways and restrooms. The load factor should not include vertical penetrations i.e. elevator shafts and stairwells. The load factor accommodates common area maintenance known as CAM.
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