net-lettable-area
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net lettable area
Also called: NLA
HB50
area of a building or industrial park for which, under a lease, a tenant could be charged for occupancy
Generally, it is the floor space contained within a tenancy at each floor level measured from the internal finished surfaces of permanent external walls and permanent internal walls but excluding features such as balconies and verandahs, common use areas, areas less than 1.5 m in height, service areas, and public spaces and thoroughfares. (Some commercial and public authorities use variants of this definition.)