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non-leasable area

[nɑn-ˈlē-sə-bəl ˈer-ē-ə]
nounfemininepl: non-leasable areas / áreas não-alugáveis
área não-alugável
1. A portion of a property or building that cannot be rented, leased, or let to tenants, typically including common areas, structural elements, or spaces reserved for maintenance and building operations
The non-leasable area includes the lobby, stairwells, and mechanical rooms.
A área não-alugável inclui o saguão, as escadas e as salas de máquinas.
2. In real estate calculations, the floor space that is deducted from the total building area when determining rentable square footage
The building has 100,000 square feet, but 20,000 square feet is non-leasable area.
O edifício tem 100.000 pés quadrados, mas 20.000 pés quadrados são áreas não-alugáveis.
Synonyms
common areanon-rentable areashared spacebuilding common areasárea comumespaço compartilhado
Antonyms
leasable arearentable arealettable spaceárea alugávelespaço locável

Regional Variations

General Brazilian
área não-alugável
Standard term used in real estate and property management
São Paulo
área de uso comum não-locável
More formal, often used in commercial real estate contracts
Portugal
área não-locável
Portuguese variant, commonly used in property documentation
Rio de Janeiro
área comum de não-locação
Regional variation in commercial contexts

Related Idioms & Phrases

common area maintenance (CAM)
usable square footage versus total square footage
rentable versus non-rentable space
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