Archives

Load Nib

The Load Factor—Commercial Real Estate Terminology

When you get involved with purchasing or leasing commercial real estate, you will begin hearing about a "load factor." It’s a term that is integral to commercial real estate investing, and one that you must know if you want to be a successful investor. So what exactly is it?

The load factor, simply put, is the difference—usually expressed in a percentage—between the usable and the rentable square footage in a building. That is, how much of the space accounts for common areas such as restrooms, mechanical rooms, hallways, stairwells, and the like, versus how much is actually rentable to tenants.

Here is how to calculate the load factor for a commercial real estate property:

1. You will need the total rentable square footage of the building.

2. You will need the total usable square footage of the property.

3. Now, subtract the usable square footage (this is always the smaller number) from the rentable square footage.

4. Take that total and divide it by the usable square footage.

5. The resulting number is the load factor.

Here is an example: These are the numbers on a building in Gainesville, Florida, that we recently looked at. The total rentable square footage was 35,938. The total usable square footage was 29,461. So the equation looks like this: 35,938–29,461 = 6,477. Then take 6,477 ÷ 29,461 (usable sq. ft.) = .219 or nearly 22%.

What does this mean? It means that the property owner is adding almost 22 cents to every dollar he charges his tenants per usable square foot. The higher the load factor, the more the tenant will be paying for space he or she can't use.

Buildings with a high load factor may indicate inefficient design, and if, as a tenant, you are negotiating to sign a lease for a commercial space, you will definitely want to know the load factor.

If you are an investor considering the purchase of a commercial property, check comparable properties in the area to help you determine the average load factor. If your potential property is above the average load factor, you may have difficulty attracting the interest of tenants because they will be paying for per square feet than they would in other properties near yours.

I hope this quick tutorial has been useful in helping you understand the importance of knowing the load factor for a commercial real estate property.

Want to hear some case studies from over $500,000,000 in deals completed? Rick Melero invites you to explore the hugely profitable world of commercial real estate, where even one deal can provide for your family for a lifetime! Attend the next free commercial real estate webinar with some of the nation's leading real estate experts: Real Deal Commercial Webinar.

Find Load Nib On eBay Below:

O Scale Lionel 6 82703 B N Scale PS 4 Flatcar w Tarped Load 613210
O Scale Lionel 6 82703 B N Scale PS 4 Flatcar w Tarped Load 613210
$72.90
CUSTOM BUILT 1934 FORD MODEL BB 157 MENARDS TRUCK with LOAD 1 43 On30 On3 1
CUSTOM BUILT 1934 FORD MODEL BB 157 MENARDS TRUCK with LOAD 1 43 On30 On3 1
$39.95
CUSTOM BUILT 1934 FORD MODEL BB 157 MENARDS TRUCK with load of TRUSSES 1 43 2
CUSTOM BUILT 1934 FORD MODEL BB 157 MENARDS TRUCK with load of TRUSSES 1 43 2
$39.95
Bachmann O Scale Loading Platform and Crossing Shanty 45977
Bachmann O Scale Loading Platform and Crossing Shanty 45977
$22.99
Lionel 6 16982 BC Rail Bulkhead Flatcar w Cut Wood Load 1997 C10
Lionel 6 16982 BC Rail Bulkhead Flatcar w Cut Wood Load 1997 C10
$28.00
O GAUGE LEHIGH VALLEY FLATCAR W GOODYEAR TRUCK LOADED W TIRES LIONEL MTH MENARDS
O GAUGE LEHIGH VALLEY FLATCAR W GOODYEAR TRUCK LOADED W TIRES LIONEL MTH MENARDS
$29.95
NIB O Lionel 6 82411 2 Bay Hopper w Coal Load Norfolk  Western 113733
NIB O Lionel 6 82411 2 Bay Hopper w Coal Load Norfolk Western 113733
$53.99
LIONEL 6 6260 NEW YORK CENTRAL GONDOLA W CANISTER LOAD ORIG BOX
LIONEL 6 6260 NEW YORK CENTRAL GONDOLA W CANISTER LOAD ORIG BOX
$14.95
Baled Scrap Load for S Scale American Models 52 Gondolas
Baled Scrap Load for S Scale American Models 52 Gondolas
$13.95
Baled Scrap LOAD for S Scale Thrall 52 Gondolas by S scale America
Baled Scrap LOAD for S Scale Thrall 52 Gondolas by S scale America
$13.95
O 148 SCALE LAYOUT MINIATURES 4 WOOD CABLE SPOOLS LOAD BY INK WELL NIB
O 148 SCALE LAYOUT MINIATURES 4 WOOD CABLE SPOOLS LOAD BY INK WELL NIB
$12.95
K LINE 6269 O GAUGE CLASSICS WESTERN MARYLAND HOPPER W COAL LOAD 1 NIOB DCST
K LINE 6269 O GAUGE CLASSICS WESTERN MARYLAND HOPPER W COAL LOAD 1 NIOB DCST
$29.95
K LINE 6270 SOUTHERN PACIFIC O GAUGE HOPPER W COAL LOAD NIOB DCST SHARP
K LINE 6270 SOUTHERN PACIFIC O GAUGE HOPPER W COAL LOAD NIOB DCST SHARP
$28.95
K LINE 6269 O GAUGE CLASSICS WESTERN MARYLAND HOPPER W COAL LOAD 2 NIOB DCST
K LINE 6269 O GAUGE CLASSICS WESTERN MARYLAND HOPPER W COAL LOAD 2 NIOB DCST
$29.95
Rail King 30 72139 CSX Gondola Car w Junk Load
Rail King 30 72139 CSX Gondola Car w Junk Load
$35.99
O SCALE LIONEL 6 19484 LIONEL Flatcar with Lumber Load NIB K788
O SCALE LIONEL 6 19484 LIONEL Flatcar with Lumber Load NIB K788
$19.54
MTH NORTH WESTERN ALL HEAVY METAL FLATCAR W PIPE LOAD  O SCALE
MTH NORTH WESTERN ALL HEAVY METAL FLATCAR W PIPE LOAD O SCALE
$26.00
LIONEL TRAINS NO 6209 NEW YORK CENTRAL STANDARD O GONDOLA WITH COAL LOAD NICE
LIONEL TRAINS NO 6209 NEW YORK CENTRAL STANDARD O GONDOLA WITH COAL LOAD NICE
$65.00
Weaver O gauge 34 3 bay hopper car W coal load  41367 Reading 3 rail NIB
Weaver O gauge 34 3 bay hopper car W coal load 41367 Reading 3 rail NIB
$30.00
MTH  20 3516a Pennsyvania 70 Ton 3 Bay lHopper Car w Load 244745 3 Rail
MTH 20 3516a Pennsyvania 70 Ton 3 Bay lHopper Car w Load 244745 3 Rail
$54.95
Lionel O Scale Flatcar with Operating Boat Load Battery Op 6 16661
Lionel O Scale Flatcar with Operating Boat Load Battery Op 6 16661
$34.99
Lionel Reading Hopper w Coal load 6 19312
Lionel Reading Hopper w Coal load 6 19312
$22.00
Lionel Great Northern Ore Car w Ore load 6 19308
Lionel Great Northern Ore Car w Ore load 6 19308
$20.00
CATERPILLAR NZG CAT 994 TIRES for replacement trailer load 150 NEW
CATERPILLAR NZG CAT 994 TIRES for replacement trailer load 150 NEW
$0.99
CATERPILLAR NZG CAT 793C TIRES for replacement trailer load 150 NEW
CATERPILLAR NZG CAT 793C TIRES for replacement trailer load 150 NEW
$0.99
Lionel O Chesapeake  Ohio Flat Train Car w Piggyback Trailer Load 6 16922 NIB
Lionel O Chesapeake Ohio Flat Train Car w Piggyback Trailer Load 6 16922 NIB
$42.99
CATERPILLAR NZG CAT 797 TIRES for replacement trailer load 150 NEW
CATERPILLAR NZG CAT 797 TIRES for replacement trailer load 150 NEW
$2.25
DUHA 18220 PLATE STEEL STACK FOR TRUCK TRAILER TRAIN LOAD FREIGHT 150 NEW
DUHA 18220 PLATE STEEL STACK FOR TRUCK TRAILER TRAIN LOAD FREIGHT 150 NEW
$22.50
LIONEL COPPER RANGE ORE CAR W COPPER LOAD   NEW
LIONEL COPPER RANGE ORE CAR W COPPER LOAD NEW
$16.99
LIONEL LEHIGH VALLEY 3 BAY HOPPER CAR W COAL LOAD STDO  NEW
LIONEL LEHIGH VALLEY 3 BAY HOPPER CAR W COAL LOAD STDO NEW
$19.99
LIONEL WESTERN MARYLAND 4 BAY QUAD HOPPER CAR W COAL LOAD   NEW
LIONEL WESTERN MARYLAND 4 BAY QUAD HOPPER CAR W COAL LOAD NEW
$23.99
LIONEL BLE ORE CAR W ORE LOAD NEW
LIONEL BLE ORE CAR W ORE LOAD NEW
$13.99
RAIL KING NORTHERN PACIFIC ORE CAR W ORE LOAD  NEW
RAIL KING NORTHERN PACIFIC ORE CAR W ORE LOAD NEW
$19.99
RAIL KING NORTHERN PACIFIC ORE CAR W ORE LOAD  NEW
RAIL KING NORTHERN PACIFIC ORE CAR W ORE LOAD NEW
$19.99
LIONEL 6486 LIONEL LINES STEEL DIE CAST ORE CAR W LOAD   NEW
LIONEL 6486 LIONEL LINES STEEL DIE CAST ORE CAR W LOAD NEW
$37.99
LIONEL AMTRAK ORE CAR W ORE LOAD  NEW
LIONEL AMTRAK ORE CAR W ORE LOAD NEW
$18.99
K line 90006 KCC 1994 Big Red Line ore car with load
K line 90006 KCC 1994 Big Red Line ore car with load
$29.95
K line  k 6277 Erie Hopper with load
K line k 6277 Erie Hopper with load
$29.97
LIONEL POSTWAR 6462 Red NEW YORK CENTRAL GONDOLA 1955 57 with load
LIONEL POSTWAR 6462 Red NEW YORK CENTRAL GONDOLA 1955 57 with load
$8.95
Lionel O Scale BN Burlington Northern Flatcar w Trailer Load 6 16308
Lionel O Scale BN Burlington Northern Flatcar w Trailer Load 6 16308
$29.99


Recently Purchased Load Nib:


lionel ny central flatcar with gondola load, k line k6515 reading gondola with load, lionel bethlehem steel 16 wheel flatcar with load 639476, kline wheel service car nyc new york central bulkhead flat car , industrial rail idm 868062 nyc hopper car with coal load niob sharp , taylor made trucks flatbed truck w cab load nib 4 132 scale, 2 mth csx 70ton 3bay hopper cars wcoal load amp; obs new 0 scale lot a, 2 mth csx 70ton 3bay hopper cars wcoal load amp; obs new 0 scale lot c, ameritowne 38 o scale loading dock 1 x 5 model railroading train free ship, mth premier ns 70ton 3bay hopper 6car set wcoal load 2090652, lionel clinchfield four bay hopper with simulated coal load 16413, lionel new york central standard o gondola with coal load 6209, lionel great northern gondola wcoal load 619401 nib 3414, lionel nickel plate road gondola wscrap load 617407 nos hm191 reduced, lionel animated truck loading dock 612929 nos 46413, lionel 1992 lcac uncatalogued commemorative gondola wload 69215 nib 4360, lionel 1992 lcac uncatalogued commemorative gondola wload 69215 nib 4359, lionel 1992 lcac uncatalogued commemorative gondola wload 69215 nib 4362, lionel 1992 lcac uncatalogued commemorative gondola wload 69215 nib 4361, lionel southern ibeam flatcar wwood load 616372 nib s33087, kline trains 027 burlington route hopper with load cbq new, kline trains 0027 three rail michelob gondola with ice load new, mib lionel 616487 alaska 2 bay hopper freight train car coal load, o o27 scale freight load for kline bulkhead car o12klp, o o27 scale freight load for kline bulkhead car o1klp, two bay hopper coal load by cm loads 3122 stpo 0406, o gauge us army boxcar loaded with artillery shells lionel mth menards , lionel depressed flat with transformer load, marx army military vehicle load for flat car reproduction truck, o scale load for lionel kline rail king gondola bulkhead and flat cars 601010, lionel 39394 us air force flatcar wload, lionel 39392 us navy flatcar wload, original postwar lionel bridge load for 6825 flat car 195962 vintage mint cond, lionel 17413 standard o gondola no parts load mib, rail king pittsburgh coal co hopper wcoal load 3075283 nos 4895, lionel pennsylvania flatcar with wheel load 626699 nib s30114 reduced, kline boston amp; albany die cast hopper wcoal load k6233181 nos 4874, kline peabody coal company hopper wcoal load k6238018 4851, lionel western amp; atlantic flatcar wcannon load 639480 nos 4925, lionel modern era 16380 up center i beam flat car w load 1993 niob , mth 3075531 o united states army 4bay open hopper with load 58075, lionel 682870 o loading ramp, mth 3072153 o delaware amp; hudson gondola with crate load 13805, mth 3072152 o great northern gondola with crate load 78515, sealed 2pack mth premier union pacific up coalporter hopper w coal load new, scale model masterpiecesyorke canvas covered machineryflatcar load smm11, atlas industrial idm 4007 reading hopper with load nib , lionel mpc 12929 animated truck loading dock accessory 0027 new s16, the lionel vault 16417 wabash 4 bay hopper w coal load 0027 new w70, new lionel 19401 great northern gondola wcoal load 0027 new s20, lionel part coal load 2 14 x 1 12 new w5, marx truck and trailer train load hm 1390, lionel 681420 o prr truss rod gondola wtarp load, rmt new york central 70 ton ore car wore load 2pack mint, porter busy loading luggage on baggage cart o scale finished set, lionel 682872 loaderunloader workers figure pack loading dock workers new, lionel 682705 reading ps4 flatcar 9336 w load new in box, o gauge lionel new york central bulk head flat 16375 no load, lionel 681315 o scale coaling loading station plugnplay new in box, lionel 619380 o csx bathtub coal gondola with load 2pack 386228 386220 new, lionel 682706 southern scale ps4 flatcar w tarped load new in box, o scale load for lionel kline gondola bulkhead and flat cars 1005, lionel no 612929 animated truck loading dock moving figure amp; lighted nib, the lionel vault 16982 bc bulkhead flatcar wwood load 0027 new, lionel vault 9820 wabash standard o reefer wcoal load 0027 new w22c, atlas industrail rail o 10030032 gtw gondola with pipe load 148077, lionel limited production 52271 nttm flatcar wheel load 0027 new w18, lionel vault 26071 16 wheel diecast depressed flat wsteel load new b1, lionel two 16381 csx center beam flat wlumber load mob, lionel 19808 new york central ice car with 12 ice block load new in box, scale model masterpiecesyorke canvas covered machineryflatcar load smm10, lionel 616873 bathtub gondola coal load insert 3pk, new lionel 616951 southern bulkhead flatcar with simulated wood load, o o27 scale freight load for kline bulkhead or flat car 6008281, kline lionel 90005 gt gondola car with load built 194, lionel 619307 bessiemer bamp;le ore car with load built 189, lionel 616982 bc rail bulkhead flat car wcut wood load new in box unrun3 rail



Comments are closed.