Blog

Regardless of whether you are looking to open your first business or you need to expand into a large space, you want to make sure you choose a piece of commercial property that is going to work for you. The last thing you want to do is invest in a piece of property that isn't going to accommodate your business needs. With so many different options available on the market today, it isn't always as easy as you might think to find the perfect property. Here are three things you need to consider when looking at an office space for lease.

Location

One of the main things you want to consider is location. You need a place that is conveniently located to all the major roads and highways. If you are moving your location to get into a bigger space, you have to consider your existing customers. You don't want to move too far away from where you are now. This could deter existing customers and cause them to go somewhere else that is more convenient. Choose a central location that works for everyone.

Size

Think about the size of the property not just in terms of the here and now but in terms of the future. Consider where you want to be in another few years. Does the property have space for you to grow? Room for expansion is crucial when getting a new commercial property. You don't want to limit yourself if you don't have to.

Price and Lease Terms

Make sure you understand the lease terms. Don't just jump into something because the property looks nice. You need to make sure you can afford it and there aren't any hidden surprises lurking in the lease. Check for possible rate increases, who is responsible for repairs and so on. All of these things can up the price and leave you paying more than you can afford for the property.

By looking at the three things above, you can minimize any hassles down the line. You want to make sure you get the space you need without having to spend more than you can afford. In getting the right property, you can put an end to your hassles and headaches all by taking the time to go over all the specifics and making sure they work for you. Contact us with any questions or concerns you might have.