Documents Needed for an Office Space for Lease in Overland Park, KS

Documents Needed for an Office Space for Lease in Overland Park, KS

Signing a commercial lease also involves providing a few other documents for a landlord, so it is important to make sure your business these different documents and can get them to the landlord so as not to hold up the leasing process. While different leases and landlords might require different specific documents, here are five documents you can generally expect to be asked for when looking to rent office space in Overland Park, as outlined in the article “Documents Required to Sign an Office Lease”:

#1 A Business Plan

Particularly if you are a startup company, a landlord is going to want some assurance that you will be a stable and reliable tenant. The first step in proving this is to provide them with a business plan, which should include an overview of what your company does, your goals both for the short and long term, and a general description of how you plan to use the office space. A good business plan will assure the landlord that you are thinking of the big picture and have really considered what leasing the space will entail.

#2 Bank Statements

In addition to your business plan, the landlord will want some financial records proving that your business has a good financial history, which is an indicator of your ability to pay rent. These documents should include things like profit and loss statements or balance sheets.

#3 Tax Returns

Providing your tax returns for the previous two years will help establish that your business is above board and is another indicator of your reliability.

#4 Professional Resume and References

A professional resume or some references from clients, previous landlords or accountants also further confirms the character of your business. A landlord might request both the resume and a few different references, so be ready with names to give them.

#5 Personal Guarantee

This is less than ideal for a business owner, but sometimes landlords require one. When you negotiate your lease, try to also address this issue. You might not be able to eliminate the need for it entirely, but you can try to ask for a limited personal guarantee, which might require you as a business owner to only pay rent for a certain period of time if your business breaks the lease. You can also see if you can have the guarantee waived after a certain point in the lease term. However, the landlord will most likely want some guarantee as an extra form of protection.

If you are in the process of looking for office space for lease in Overland Park, KS, make sure that you can access all of these documents. Your landlord might require more documents, such as an insurance policy, but this is a good place to start in establishing your good character as a potential tenant.

If your business is looking for commercial office space for rent in Overland Park, KS, give us a call at 913-685-4100 to find out more about our available Kansas office space for rent, or even set up a tour of an office space for rent in Overland Park!

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4 Things to Consider When Finding an Office Space for Rent in Overland Park

4 Things to Consider When Finding an Office Space for Rent in Overland Park

If you are looking to move into a new office space for lease in Overland Park, KS, be prepared for a long term search in order to find a space that is just right for your business. Though the problems vary by tenant, several factors can help prevent any major headaches from occurring. Here are a few tips on how to save time and money when looking for office spaces for rent in Overland Park, KS, as outlined in “How Long Does It Take to Find Office Space and Move-In?“:

  • Viewings. Looking for a space can be an long process if you aren’t quite sure what you are looking for. If you don’t want to spend too much time searching for that perfect space, make sure to be open to different environments. So instead of having that one ideal office space, maybe consider a few other suitable spaces for the sake of comparison. Being flexible on things like specific building features and surrounding amenities might save time in finding a space.
  • Lease Terms. The best way to prepare for negotiating lease terms is to do your homework and figure out what is generally expected of both the tenant and the landlord in a lease. Most of the time a tenant may hire an attorney to help understand and oversee the writing of these legal obligations, although working it an attorney typically prolongs the process.
  • Realistic Criteria. As discussed previously, remember that having a flexible idea of what you want in a space is a good way to save time and stress when searching. This shouldn’t mean that you settle for anything that might fit the bill, but rather have an idea of what you want and an alternative solution if you can’t find it. Finding a balance between searching for different options and leaving enough time for moving is the ideal scenario.
  • Build-Out Time. When altering or adding to an office space you want to remember that this too will take a lot of time and push back the date when the space will be totally ready for use. There are a lot of factors that go into a build-out, from contractors to general building approval to the actual construction process. However, it will be worth the wait to have a desirable and customized environment where you are happy and comfortable doing business. Tenants who are able to find a furnished space that requires less build-out might find it lacking personality, but will probably save some time and money.

When you are looking for a new office space and planning that big move, it is important to have a realistic idea of what that process entails so you can plan your timeline and budget according. Before you start looking for office space for rent in Overland Park, remember these tips to make that process a little more painless!

If you are looking to rent office space in Overland Park, give us a call at 913-685-4100 for more information about our available Kansas office space for rent.

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Rent Office Space in Overland Park: 5 Reasons to Leave the Home Office

Rent Office Space in Overland Park: 5 Reasons to Leave the Home Office

Feeling a little cramped at home but not sure you are ready to make the leap to your own office space? Finding your own office space—or part of an office space—might not be as scary as you think, and many small businesses and even freelancers are starting to want the benefits of some kind of office location outside of the home.

There are a variety of different space options for new businesses, ranging from small office space for rent in Overland Park to finding or creating shared space with other businesses. Regardless of what kind of office you are interested in, here are a few reasons why you should say goodbye to the home office and start looking for an office space for lease in Overland Park KS, as described in the article “The New Wave for Entrepreneurs Is Sharing Office Space”:

  1. Freedom from Distractions. Working from home means a lot of freedom, but this comes with a price. Kids home from school, active pets, or the desire to get things done around the home can be problematic distractions. Even removing yourself to a coffee shop or some other public place can mean noise and interruptions not conducive to long periods of focused productivity. An office space provides an environment designed specifically for working, and will save you from the urge to wander to the kitchen and empty the dishwasher mid-email.
  2. Amenities. Renting a space, even a shared one, means that you have access to your own desk, meeting rooms, work stations, a reception area, or whatever your business needs to function more smoothly. Even if you are sharing a space, just having your own desk away from home and a private room to met with clients can be a beneficial new development.
  3. Short Term Lease Opportunities. It might seem like a big commitment to jump into an office space lease, but for new and small businesses there is always the option to sign a lease just for 2-3 years, ideally with the option to renew and expand if your business continues to grow and thrive.
  4. Networking. Moving out of the home office and into an office building gives you more opportunity for interaction with other businesses. This opportunity to meet new businesses and individuals could lead to fruitful collaboration or networking opportunities in the future.

There are so many benefits to having an office space outside of the home, even for small businesses or entrepreneurs. If you are looking to rent office space in Overland Park, start doing some research to find out which spaces best fit your needs, your goals, and your budget.

If your business is interested in commercial office space for rent in Overland Park, KS, give us a call at 913-685-4100 for more information about our available spaces and what amenities are available both in the space and in the local community. You can even set up a tour of a Kansas office space for rent to see for yourself!

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5 Things to Take Note of When Touring an Office Park in Kansas

5 Things to Take Note of When Touring an Office Park in Kansas

Once you have found a potential office park in Kansas to lease for your business, a crucial first step is touring the space. Make sure you go to the tour with a checklist of things that you want to look at, both in the space and in the whole building, and then take notes on each of those things so you can compare the details of different office rental options later. Here are a few things to look for on your tour, as outlined in the article “Things to Consider When Touring Office Buildings”:

#1 Size and Layout of the Space

The first thing to look at in the actual space is if the size and the layout fit the needs of your business. It might even be worth bringing someone to officially measure the space for you so that you know you are getting the same amount of square footage as advertised in the listing. If you require a specific setup for your office, make sure the space can accommodate that, and ask about options to make some design changes to the space if necessary.

#2 Location and Client Appeal

Determining if a location is right for your business involves assessing many factors: is it convenient for your employees and clients? Does it have curb appeal? What is the surrounding neighborhood like? What other tenants lease here, and are they satisfied with their experience? Be sure to ask all of the specific questions about location beyond whether it’s a good address.

#3 Buildout Possibilities

A space might not be move-in ready exactly according to your specifications, but try to assess if it is almost there, and talk with the landlord early on about what improvements you can make to the space, as well as whether or not the landlord will assist in paying for these improvements.

#4 Parking Capacity and Security

Check to see if there is enough parking both for you and your clients. If you are in the heart of a city, is the parking lot close to the building or a few blocks away? What is the security like in the parking lot or garage, both during the day and after hours?

#5 Lighting Sufficiency 

Check to see that there is adequate lighting both in the space and outside of the building if you think employees or clients will be coming and going after dark. Also consider how important it is to your business to have natural lighting, such as windows or skylights, versus standard office lighting.

If you are starting to look at commercial property in Overland Park, KS, make sure that you go into your tours prepared to ask specific questions and record the answers. Having a detailed description of various spaces from your own firsthand observations will make it easier to compare the various office spaces for rent in Overland Park, KS that you are considering.

Looking for Kansas office space for rent? Give us a call at 913-685-4100 to learn more about our office space for rent in Overland Park and even set up a tour!

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