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Realtors and property managers often state the lease amount for commercial buildings in terms of square footage, such as $1.87 per square foot. Depending on the space you are leasing, this term can be misleading.ivide that amount by your usable square footage to calculate your actual price per usable square foot. For example, if the rentable square footage is 1,130 and the price is $1 per square foot, your monthly lease amount is $1,130.
For example, if the rentable square footage is 1,130 and the price is $1 per square foot, your monthly lease amount is $1,130. If the usable space is 1,000 square feet, the cost per square foot of the space that you are leasing is $1.13.f the landlord quotes your price based on usable square feet, the size of your space is smaller than what you will be paying for in the lease, because of the load factor. For example, if you rent 1,000 usable square feet in a building with a load factor of 13 percent, multiply 1,000 by 13 percent to get 130.