Property Management
In Kansas commercial leasing, what does 'usable square footage' mean versus 'rentable square footage'?
AThey are the same measurement
BUsable area is the space exclusively used by one tenant; rentable area adds the tenant's proportionate share of common areas to calculate the lease base✓ Correct
CRentable area is always smaller than usable area
DOnly usable square footage is used to calculate rent
Explanation
Usable square footage is the area the tenant actually occupies exclusively. Rentable square footage adds the tenant's pro-rata share of common areas (lobbies, restrooms, hallways), and is what the lease price is typically calculated on.
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