What to Consider When Leasing Office or Retail Space

Leasing Office or Retail Space Image - Middle TN - Vastland Realty Group

Leasing Office or Retail Space Image - Middle TN - Vastland Realty Group

Whether you are looking at office space or retail space, at starting a new venture or relocating to a bigger space, there are things that you should be aware of. Here are some tips that you can use to help you make sure that you are getting the best deal for your hard earned money.

Check Out the Area Around Your Future Office

One thing that many people may forget when they are looking for a new space is that there is more to look at then price. One big thing to consider is location. You’ll want to make sure that your new space is located in an area that is convenient for both employees and clients. Will your clients be able to get there easily or will they have to drive out of their way? Even if you save money by locating in a more remote location, if you lose clients because of it, it won’t be worth it.

Parking For Employees And Customers

Another important consideration is where your customers will park. If you are looking for a location for retail sales, you want to make sure that there is ample parking for all of your customers. If people aren’t able to find a place to park, they may look elsewhere to take their business.

Negotiating Your Rent

It’s important to negotiate for a rent that fits your pocketbook, and that’s not something that just everyone is able to do well. Unless you’ve majored in real estate law, it might be a good idea leave this type of negotiation to your tenant representative.

Real Estate Inventory

If you are opening or relocating a retail store, you will want to carefully consider how much space you’ll need for your inventory. Figure out how much inventory you will need to carry and make sure that your new space will have plenty of storage area.

Growing Your Business Into A New Space

Have you considered the future of your business? If you have big plans for your business’s growth, you’ll want to make sure that your new office or retail space has adequate space to accommodate that growth. On the other hand, if you have too much space, you may not be able to make efficient use of the space you’ve rented.

ADA Accessibility For Your Store or Office

It is especially important that your new office or retail space is compliant with the Americans With Disabilities Act. Talk to your tenant representative to make sure that the building is compliant.

Hire A Commercial Real Estate Broker You Can Trust

If you’re looking for new office or retail space while working full time to keep your business on top, you know how tough it can be. Instead of wearing yourself thin, turn to someone who knows the area, who is experienced in finding just the right spot for any kind of business – Vastland Realty Group. We take the time to listen not only to your needs, but to your dreams – and then work hard to find a place that meets both. Call today - 615-574-8060!