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net rentable area

[/nɛt ˈrɛntəbəl ˈɛriə/]
nounpl: net rentable areas
área líquida locável
1. The usable floor space in a building that can be rented to tenants, excluding common areas, mechanical spaces, and structural elements
The office building has a net rentable area of 50,000 square feet.
O prédio comercial tem uma área líquida locável de 50 mil pés quadrados.
2. In real estate, the portion of a property that generates rental income
Investors analyze the net rentable area to determine the property's revenue potential.
Os investidores analisam a área líquida locável para determinar o potencial de receita do imóvel.
Synonyms
rentable arealeasable areausable floor spaceárea útil locávelespaço alugável
Antonyms
common areagross building areaárea comumárea bruta total

Regional Variations

General Brazilian
área líquida locável
standard term used in commercial real estate
São Paulo
área útil locável
commonly used variant in commercial property market
Portugal
área útil arrendável
standard Portuguese term, uses 'arrendável' for rentable

Related Idioms & Phrases

calculate net rentable area
maximize net rentable area
net rentable area per tenant
loss factor (relationship between net rentable area and gross building area)
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