Your Checklist to Finding Office Space in Nashville, TN
Finding the perfect Nashville Office Space to rent or buy is a lengthy process. It can be difficult to know where to begin when researching commercial real estate in Nashville. There are so many great areas and options that it’s difficult to know where is the perfect fit for your company.
Every company is different. The commercial real estate location that is perfect for one business might not work out for another. There are a handful of considerations to take into account when researching new office space.
We’ve compiled a checklist of questions to ask yourself when considering a piece of commercial real estate. Make sure the location fulfills your needs for each of these questions before moving any further in the process.
- Is The Office Space Easily Accessible?
- Does The Office Space For Lease Fit Your Budget?
- Will The Office Space Need Repairs or Remodeling?
- Is There an Appropriate Amount of Office Space?
- Do You Like the Office Layout?
- What Other Commercial Real Estate Is Nearby?
- Is The Office Space and Surrounding Area Secure?
- Do You Need Expert Advice From A Commercial Office Broker?
Is The Office Space Easily Accessible?
You and your employees are going to need to go in and out of the new office space every day. Accessibility is a major consideration. This includes ideas such as how close it is to where your employees live. Parking, navigability of surrounding streets, and anything else that might make it difficult for people to get there should also be considered.
This will also affect your clients. Onsite office meetings might be occasional, but you want to have your best foot forward when hosting a guest.
Does The Office Space For Lease Fit Your Budget?
You need to have a clear idea of your budget before you even begin looking at commercial real estate in Nashville. It might seem possible to stretch monthly expenses, but you don’t want to put unnecessary pressure on yourself by signing a lease that is above your financial limits.
Consider every aspect of the building and make sure you can comfortably afford the recurring payments of an office space.
Will The Office Space Need Repairs or Remodeling?
Any office space repair or remodeling needs to be factored into your budget. Any repairs or remodeling that need to be done before moving your operations to a new location can quickly add up. Some locations might not need any repairs or alterations at all. Others will need extensive work. This is usually reflected in the monthly cost of the location. Saving in monthly expenses can be attractive, but you must have the upfront funds necessary to get the office space into the condition you’d like.
Is There an Appropriate Amount of Office Space?
Large, spacious commercial real estate can be attractive. However, you don’t want to sign a lease for an office that is much larger than you actually need. This leads to wasted space but it also incurs unnecessary expenses. Obviously, larger spaces are more expensive. These spaces also cost more in utilities over time.
On the other side, don’t try to save money by cramming your team into a small space. Take a realistic look at your needs and find a piece of commercial real estate that best reflects them.
Do You Like the Office Layout?
These nuts and bolts considerations are very important. But so is the feeling you get as you walk around a potential office space. Is the layout confusing? Does it look bad? You’re going to need to walk these halls every day. And if you don’t like the way an office is laid out, there’s a good chance your employees and clients won’t like it either.
What Other Commercial Real Estate Is Nearby?
Restaurants, grocery stores, and other amenities can make a big difference in how you and your employees like the new location. The ability to leave the office and get lunch can be a breath of fresh air in the middle of the day. Likewise, you might need to pick something up either for the office or for home. Access to stores and other establishments can be a great help.
Being in the middle of nowhere might be nice for a quiet work environment, but it also makes mundane tasks more difficult when they come up.
Is The Office Space and Surrounding Area Secure?
Safety is always a major concern. You don’t want your employees or clients to worry about their personal safety while they are visiting the office. You also don’t want to have to worry about your vehicle parked outside. Research the crime rates of the neighborhood to make sure you aren’t putting anybody or anything into a dangerous situation.
Furthermore, your computers and files need to be secured. Setting up in a dangerous area can put the information contained in them at risk.
Do You Need Expert Advice From A Commercial Office Broker?
Nashville Office Consulting has been helping people find the perfect piece of commercial real estate for decades. We have the market knowledge and connections to find a space for you that checks every item on your checklist.