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Pricing and Costs to Lease Office Space

The pricing and costs to lease office space can range from hundreds of dollars to many tens of thousands of dollars. Many factors determine the costs of office properties for rent.

Leased Office Space Basics

Many companies want to lease office space in order to have a place to meet clients, a place to work and a place to base their business. Leasing an office space involves renting a space temporarily from a landlord.

Lease Office Space Key Terms

If you've ever undertaken a hunt for office space to lease, you know that the variety of available real estate--and its ratings and cost--can be highly subjective. Add in legal terms governing the actual lease, and finding the right office building for your business can be downright bewildering.

Office Space for Rent - Regus USA

Find office space for lease or rent. Choose from over 700 locations throughout the US. Worldwide commercial office space rentals available with multiple ...

Office Space For Lease on LoopNet.com

Search for Office Space for lease and rent on LoopNet.com. Find Office Space listings, Office Condos for lease and Commercial Office Buildings currently ...

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Los Angeles Office Space For Lease - LoopNet

View available Los Angeles Office Space for Lease and Rent on LoopNet.com. Find Industrial Office Space, Executive Offices, Office Condos and Office ...

LiquidSpace: Daily & Hourly Office & Meeting Room Rental

Find meeting rooms, office rentals & coworking spaces booked by the hour or for the day. LiquidSpace provides high quality temporary workspaces and office ...

san diego office & commercial - craigslist

Sep 25 Room for rent 140ft² - (Solana Beach) pic. Sep 25 Fully furnished .... Sep 25 Office Space for Rent $500 / 200ft² - (Chula Vista) map. Sep 25 Storefront ...

chicago office & commercial - craigslist

Sep 30 Beautifull Office in Oakbrook Terrace 2 months free with 3yrs lease $1350 / 1100ft² - (Oakbrook Terrace) pic map. Sep 30 Beautifull Office 4 lease ONLY ...

los angeles office & commercial - craigslist

Sep 30 Restaurant, Office, Retail space for lease $8000 / 3250ft² - (Temple City) pic. Sep 30 office space for lease $550 (West Covina/Glendora) pic.

Office | Furniture Rental | CORT Furniture

Rent furniture for your office from CORT Furniture. Flexible, convenient office furniture rental is perfect for use in your new office, expansion, or swing space.

Eidson Group, LLC

The Eidson Group represents Tenants with their Leases and Office Space needs. Restructuring, renegotiating, and relocating. Call today.

www.EidsonGroup.com

Negotiating a Commercial or Office Lease


When you look at your monthly business budget, you'll likely find one of the highest numbers on the line next to the word "Rent." That's because office space typically is one of a company's largest expenses. It's also one of the most important. Negotiating a good deal on your lease, then, is essential. The most common types of commercial leases are:
  1. Gross leases (tenant pays rent only)
  2. Net leases (tenant pays rent plus a percentage of operating expenses, maintenance fees and insurance premiums)
  3. Triple-net leases (tenant pays rent plus all additional fees and premiums)
  4. Shopping center leases (tenant pays rent plus a percentage of maintenance fees and perhaps a percentage of gross sales and property taxes)

Read carefully and completely

Read the fine print. In fact, read all of the print. Doing so is the best way to protect your business from potential space-related snafus.

Get what you need

Calculate how many square feet of usable office space you need before beginning any negotiations. Signing the best lease with the most favorable terms is worthless if the space doesn't suit your needs.

Analyze rent

Location, size and set-up affect lease costs, and all are good fodder for rent negotiations. Remember to figure security deposits, application fees and insurance into your rent estimate. Ask if utilities are included, and if you'll be expected to pay a portion of the landlord's property taxes or contribute to common area maintenance.

Discuss lease length

A landlord is likely to be more flexible in negotiating a longer-term lease. Your business, however, will probably want some flexibility, too, and should therefore explore shorter-term leases with favorable renewal options.

Address improvements

If you anticipate doing work on your space, get permission to do so in your lease and watch for clauses requiring you to return the space to its original condition. If the landlord agrees to make any repairs prior to your move-in, get it in writing.

Agree on allowed uses

Commercial leases generally include the type of work that may be performed in the space. Landlords will want to make the "allowable use" as narrow as possible, but you should strive to make it broader to allow for future opportunities and new lines of business.

Protect yourself

If your business fails, you may be left with rent you can't pay. As such, make sure your lease allows for subletting your space. Likewise, if your business succeeds, it may outgrow its space. Make sure your lease affords you a right of first offer, which gives you first dibs on any new space in your building.
  • Beware of rents calculated per square foot of space, as square-footage often includes space that isn't usable, such as elevators or shared hallways.
  • Ask for a rent cap to prevent drastic increases in your rent payments upon renewal.
  • If the market allows, you may be able to negotiate a cash allowance to cover repairs and improvements, a credit to your account or other lease-signing incentives.