When calculating the NNN cost PSF...do you divide the total costs by the rentable or usable square footage?

This is for a commercial office building.
In Leasing Property - Asked by Tricia K. - Jul 17, 2015
Report Abuse
Answer this Question


Bayside, NY


Jul 19, 2015
Report Abuse
Bee S.
Lebanon, VA

Yes, rentable sf.

Jul 20, 2015
Report Abuse
Chris R.
Denton, TX

Rentable - same as calculating rent

Jul 25, 2015
Report Abuse
Ronald A. E.
Melbourne, FL

The common answer is rent-able, however in some situations were there are either shared common areas or exterior areas that can be used exclusively by the tenant, rents can be based on the gross area.

Aug 4, 2015
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question