Rentable Square Footage equals the usable square footage plus the tenant’s pro rata share of the building common areas, such as lobbies, public corridors and restrooms. Please try another or click

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The shared space constitutes the common areas of the building, including restrooms, shared hallways, elevators, stairwells, and … Please try again. If, for example, a property is 10,000 square feet with 8,000 square feet of usable space, that means there are 2,000 square feet of … Alternative investments are often sold by prospectus that discloses all risks, fees, and expenses. By Lauren Shanesy Usable square feet includes only the area of the space to the perimeter of the walls – think of it … Equity securities offered on this website are offered exclusively through Thornhill Securities, Inc., a registered broker/dealer and member of Hypothetical example(s) are for illustrative purposes only and are not intended to represent the past or future performance of any specific investment.Investing in alternative assets involves higher risks than traditional investments and is suitable only for sophisticated investors. With Office and Retail Leases, You Pay for More than Just Your SpaceSeparate multiple addresses with commas (limit 20). Please contact Customer Support at 1-800-613-1303. The value of the investment may fall as well as rise and investors may get back less than they invested.This site is published for residents of the United States who are accredited investors only. If the building has 15,000 of common areas, then the tenant’s rentable area is 11,050 square feet (10,000 useable square feet plus 7% of the 15,000 square foot common area). All tenants in the building share use of the common areas like hallways, stairwells, lobbies, restrooms, etc. Multi-tenant buildings with common areas such as office buildings and retail centers may charge Realized1031.com is a website operated by Realized Technologies, LLC, a wholly owned subsidiary of Realized Holdings, Inc. (“Realized”). We apologize, but the feature you are trying to access is currently unavailable. You must register your contact information to view secure information on this listing. Passwords is too common or does not have at least 8 characters You must register your contact information to view secure information on this listing. Rentable Square Feet means the deemed rentable area of the Building or any portion thereof, computed on the basis of the current standard employed by Landlord on the date hereof with respect to the calculation of the deemed Rentable Square Foot area of the Building; provided, however, that in no event shall such deemed Rentable Square Footage constitute or imply any representation or warranty by … We will not share these addresses with any third parties.You might believe that when you lease an office suite, the amount of square feet you pay for is the same number of square feet you're actually occupying. Therefore, a response to a request for information may be delayed until appropriate registration is obtained or exemption from registration is determined. Once the load factor is calculated, you can multiply it by the total space you plan to occupy to figure out your total rentable space. That email address has already been registered. Let's assume a building is 100,000 square feet in size and the common area that can be used by all building tenants is 15,000 square feet of the total square footage. Registered Representatives and Investment Advisor Representatives may only conduct business with residents of the states and jurisdictions in which they are properly registered. ft. per year + $4 NNN/sq. For additional information, please contact 877-797-1031 or info@realized1031.com. LoopNet disclaims any and all representations, warranties, or guarantees of any kind.Co-browse with your team in our virtual meeting room Alternative investments have higher fees than traditional investments and they may also be highly leveraged and engage in speculative investment techniques, which can magnify the potential for investment loss or gain and should not be deemed a complete investment program. Usable Square Footage x (1 + add on expense percentages) = Rentable Square Footage. Not all of services referenced on this site are available in every state and through every representative listed. This is how the Rentable Square Feet (RSF) is determined.Let's assume a building is 100,000 square feet in size and the common area that can be used by all building tenants is 15,000 square feet of the total square footage.

ft. per year) = $12,000 per year or $1,000 per month.

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