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leasable

leasable

3.6
Can be rented to people or businesses
  • adjective
  • /ˈliːzəbl/
translation icon : alquilable
  • Investors are interested in properties that offer leasable units to maximize their income potential.

Examples

  • The new office building has over 50,000 square feet of leasable space available for businesses.

  • But if you want to put all the machines here, then you lose leasable space, which which will hurt your rental revenue.

  • At the end of the last quarter, the company reported lease commitments in the 410,000-square-foot building for only 37 percent of the leasable space.

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  • These towers fit upon relatively small parcels, in which the lower levels offer a variety of programming: parking, swimming pools, community rooms, and some leasable space for outside tenants.

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  • Emporis, a global provider of information on building data and construction projects, revealed the ranking of the world's 10 biggest malls, based on gross leasable area (GLA).

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  • They converted the old warehouse into a modern facility with several leasable offices for startups.

Synonyms

rentable
vsleasable
1 3.2

A thing that can be rented, like a room or car

covers being let under different legal agreements not only short lets

Surface Forms

leasable positive

Morphology

leasable = lease (transparent) = lease + able

Standard adjectival formation from the verb 'lease' with the productive suffix '-able'; the meaning 'able to be leased' is directly derived.

Etymology

The word leasable comes from lease ('to rent') and the ending -able ('able to be'), so leasable means 'able to be rented'.