Businesses looking for an office space for lease in Overland Park, KS, especially new businesses, are wise to look for the lowest prices. But there are some things that you don’t want to cut corners on in a commercial office space for rent in Overland Park, KS, at the risk of bigger expenses or headaches down the road. Here are a few areas where you shouldn’t be afraid to splurge a little for your business, as suggested in the article “Spend a Little More for Your Office Space for Lease?”:
Location is always the number one principle in real estate, and it definitely holds true for commercial real estate in Kansas City. You need to find a space that is accessible to both employees and customers. This means thinking about:
- where your employees live
- where your customers live
- public transportation
- parking access
- visibility from the road
If customers don’t know where you are or can’t get to you, or employees have a difficult commute, this will start to take a toll on the success of your business.
#2 Office Size
Never get less space than you currently need. You don’t want to cram employees into a space and make visiting clients or customers feel claustrophobic. It is also important to leave yourself a little room for growth. If your business starts to grow and you are not prepared for it, you will be in the difficult position of either stifling that important development or trying to break your lease in order to find a new office space.
Try to get an office with enough space for your current staff plus a few more potential employees so that you have a little room to grow – and motivation to fill that space sooner rather than later. You should also negotiate with the landlord for options to expand into neighboring spaces if your business needs it, which lifts the burden of being worried about the very good problem of rapid growth.
Connectivity is key. You want to make sure you have both good phone lines and reliable wifi, and it is usually cheaper to rent an office that already has this in place rather than set up on your own. Check with the landlord about what services are offered and test them if possible to see what the speed of the wifi is like and whether it covers all parts of the office.
New and growing businesses need to make smart budget choices: looking for used furniture and equipment, negotiating for caps on rent increases, asking for shorter lease terms, and keeping options open to sublet or assign a space. But these are some areas where it is necessary to invest some money to ensure the sustained growth and success of your business in a new office space.
If your business is interested in Kansas office space for rent, give one of our commercial real estate brokers a call at 913-685-4100 to learn more about our available office spaces for rent in Overland Park, KS. Let us know what you are looking for in a space and we can help set you up with tours of potential spaces!