Asked by: Bohdana Kopel
real estate real estate renting and leasing

What does RSF mean?

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Although this may seem pretty cut and dry there areactually two types of square feet that are reference in commoncommercial real estate transactions: RSF (Rentable SquareFeet) and USF (Usable Square Feet).


Furthermore, what is RSF stand for?

RSF

Acronym Definition
RSF rentable square feet
RSF Residential Single Family (real estate)
RSF Republican Sinn Fein
RSF Required Stable Funding (finance; Basel III)

Beside above, what is meant by rentable square footage? Rentable Square Feet. Rentable squarefootage is your usable square footage PLUS a portion ofthe building's shared space. The increase in the the rentablesquare footage above your usable square footage isreferred to variously as the “load factor,”“common area factor,” or “add-onfactor.”

Thereof, what is USF vs RSF?

Rentable Square Footage or RSF RSF is is the square footage used to calculateyour rental rate. This is the USF + your share of thebuildings common areas that are shared by other tenants in thebuilding.

What is meant by usable vs rentable space?

Usable vs. Rentable SquareFootage Office spaces, kitchen/break rooms and even aprivate restroom within your suite all make up the usablesquare footage. Rentable square feet includes the usablespace plus common areas of the building (e.g. hallways, lobbiesand common restrooms).

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How do you calculate commercial rent?

Divide that amount by your usable square footage tocalculate your actual price per usable square foot. Forexample, if the rentable square footage is 1,130 and the price is$1 per square foot, your monthly lease amount is$1,130.

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How do you calculate rentable square footage?

To calculate load factor, start by finding thetotal usable and rentable square footages of thebuilding in questions. Remember that the usable squarefootage is the area that can be rented to tenants and therentable square footage is that area plus common areas.Then, divide RSF by USF to get the load factor.

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What is load factor in commercial real estate?

A load factor, also known as a lossfactor, is a metric that compares the amount of space atenant pays for in a commercial lease versus the amount ofspace they actually use. The load factor or acommercial lease is calculated with the formula below:Rentable Square Feet/Usable Square Feet = LoadFactor.

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What is a loss factor in commercial real estate?

Loss factor is defined as the percentagedifference between rentable area — the number of square feetthat office tenants pay for — and usable area. Abuilding with a rentable area of 400,000 square feet and a usablearea of 300,000 square feet, for example, has a loss factorof 25 percent.

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How do measure area?

To find the area of a rectangle multiply itsheight by its width. For a square you only need to find the lengthof one of the sides (as each side is the same length) and thenmultiply this by itself to find the area.

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What is rentable area?

Actual square-unit of a building that may be leased orrented to tenants, the area upon which the lease or rentalpayments are computed. It usually excludes common areas,elevator shafts, stairways, and space devoted to cooling,heating, or other equipment. Also called net leasablearea.

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A triple net lease (or "nnn" lease) is aform of real-estate lease agreement where the tenant or lessee isresponsible for the ongoing expenses of the property, includingreal estate taxes, building insurance, and maintenance, in additionto paying the rent and utilities.

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What is core factor?

core factor. In an office building,the percentageof common area space such as lobbies,restrooms, and corridors ascompared to the total net rentable square footage in the building.See loss factor.

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How is home square footage figured?

Just break out your measuring tape—or a lasermeasure—to get its length and width. Multiply the width bythe length and voila! You have the square footage. Say aroom is 20 feet wide by 13 feet long, then 20 x 13 = 260square feet.