Are You A Professional In Need Of Affordable Office Space? 3 Options To Consider
The right office setting or workspace is an important piece of the success puzzle for professionals, no matter the field. In addition to location, professional spaces need to feel comfortable for both clients and staff, while also offering features that will help the business be as competitive and successful as possible. Unfortunately, the costs of leasing the best office spaces can seem prohibitive for professionals who are still working to become established.
If you are in need of professional office space for your growing business but are interested in finding ways to make the lease as affordable as possible, here are some possible options for you to explore.
Start with a less expensive location
Prime office spaces with the best locations are beneficial for professionals because of their location and important features like access to convenient parking. Professionals who need to pay less for their lease may be able to find suitable spaces by searching on the edges of the most popular professional locations. For example, instead of leasing a high-end space in a dedicated development, consider looking at spaces in smaller, nearby buildings as a way to potentially save money on the lease.
Consider a space that needs renovation
Another potential way to save money when leasing professional office space is to look at spaces that will need some renovation to make them work for your needs. In some instances, a landlord might be willing to renovate the space to fit your needs in return for a longer lease period. This option can be especially effective in situations where the space has been vacant for an extended time frame.
Consider partnering with another professional
The costs involved in leasing a suitable professional space for your business could be instantly more affordable if they can be split between two complementary businesses. For example, a professional who offers mental health counseling might share a professional space with another counselor who specializes in the addiction field of therapy. Another possible example is when a hair stylist chooses to share a location with massage therapist or manicurist.
In addition to helping to reduce the cost of leasing the space, complementary businesses that share a single location may experience business growth due to situations where a client can be referred from one business to the other.
Leasing any professional office space is a serious commitment that is best approached under the guidance of a commercial leasing agent. If you are ready to begin your search, contact a real estate professional in your area and ask about office spaces for lease near you.