Property Inspection List To Review
Are you looking to conduct a tour of a new office space that is available for lease? To avoid surprises when you sign a commercial lease, here are some things to remember. In addition, this property inspection checklist can help you evaluate the pros and cons of different spaces that you are interested in leasing.
Be sure to account for all expenses
You should be aware of all costs associated with leasing office space before signing the dotted line. Here are some examples:
Are gas and electricity included in the monthly rate
Are there any additional charges, such as maintenance or insurance?
Is janitorial service included in the rent? If so, what is it covered?
Learn the Lay of the Land
There are many types of office buildings. These questions can be asked during a walk-through to help determine which office space is a better fit.
What is the area of your office? How much is it usable? As a guideline, you'll need 175-250 square feet for each employee.
Are you able to move in the space? Or do you need to remove a wall or perform other work?
How long have you had the space vacant?
What's the view from the space?
Is there enough square footage to accommodate a larger number of people?
Is the property manager on-site? Is he/she responsive?
Is the space/building accessible for handicapped users?
Is there security in the building?
What hours are available for the building? What is the best way for tenants to access the building after-hours?
Are there enough elevators? Do they take a long time to get to you?
Don't Forget the Perks
Ask about the amenities when you are looking at office space options. Do they come with the rent or an additional cost? For example, you might find a conference room or a fitness center on-site, as well as a daycare and parking garage.
Location, Location, Location
Location is crucial when it comes to real estate deals. Find out if the office space is in a safe, convenient area for you and your clients.
Is it close to public transport?
How far is it from the airport?
Is there a nearby restaurant or drug store?
These questions will assist you in making the right decision for your company when leasing commercial office space.
