You want to be able to compare all leasing costs as it applies to the space you need for your business.
By figuring out the number of employees you have by job title and your standards for support space, you can determine your approximate space requirement for such things as:
- reception area
- conference rooms
- private offices
- storage space.
The complexities of comparing different properties can be daunting. To complicate it further, landlords frequently use terms differently.
You’ll need to devise a way to analyze individual properties so they can be directly and fairly compared to each other.
The method that Commercial Real Estate Group of Tucson uses breaks down each building’s total lease costs by
- operating expense
- build-out costs
- landlord profits.
This breakdown is done on each building monthly and yearly and provides the total lease cost. You could then easily compare buildings using your space requirements and costs.
Commercial Real Estate Group of Tucson can help you figure out how much space you need and will gather all of the information so you can compare lease options. Contact the tenant representation company to learn more.