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WebMay 1, 2024 · The most common reason why companies sublet office space is to make the best financial sense of unused or otherwise unneeded space. After all, it’s a net loss to pay for square footage that your company simply isn’t using. Flexibility in Finding Larger or More Suitable Space. If you decide your existing space isn’t suitable for the need ... WebMay 10, 2024 · So, your share of the common area will be, 2500 usable square feet x 14% common area factor = 350 square feet of common area. And that means your rentable space is 2500 + 350 = 2850 square feet. So, at a 20$ per square feet rate, your annual rent for this office space comes to 20$ x 2850 = 57000$ (per year) Or, Monthly, 4750$. fish test lyme
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