What is price per square foot?
A quick-check metric for office, retail, and industrial pricing: price ÷ rentable or gross building area. Confirm the square-footage basis is consistent before comparing.
Where you will use it: this term comes up in the Real Estate Finance course, and the full course glossary collects every term in one place.
Related terms
From the free Real Estate Finance course by Devon Coombs, CPA, MBA.