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# Gross Lettable Area Calculator Online

The Gross Lettable Area (GLA) Calculator serves as a valuable tool for real estate professionals and property managers to determine the rentable space within a building. It computes the GLA, which is a critical metric used in evaluating and pricing commercial or residential properties. This calculator assists in understanding the usable space available for rent, excluding areas that cannot be leased.

### Formula of Gross Lettable Area Calculator

The formula utilized by the GLA Calculator is as follows:

GLA = Total Floor Area – Non-Lettable Areas

Where:

• GLA represents the Gross Lettable Area.
• Total Floor Area constitutes the combined area of all floors within a building, encompassing both rentable and non-rentable spaces.
• Non-Lettable Areas encompass sections of the building that are unsuitable for rent, such as common areas, hallways, stairwells, and mechanical rooms.

### Example of Gross Lettable Area Calculator

Consider a commercial building with a total floor area of 5,000 square meters, of which 800 square meters are non-lettable areas. The Gross Lettable Area would be:

GLA = 5,000 m² – 800 m² = 4,200 m²

### Most Common FAQs

2. How do I determine the Non-Lettable Areas?

Non-Lettable Areas typically encompass hallways, stairwells, mechanical rooms, and other sections not feasible for lease.

3. Is the GLA essential in property valuation?

Yes, GLA is a crucial metric used by property appraisers and real estate professionals to assess rental potential and determine property value.