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RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are negotiable however landlords push for this for two reasons. To keep up with inflation. Increase revenue and the commercial property's value. When leasing commercial real estate forterms
WHAT LANDLORDS LOOK FOR WHEN QUALIFYING POTENTIAL They typically have a qualification process that can entail reviewing tax returns, background checks, credit reports, checking references, or having a good gut feeling about the prospective tenant. In a tenant's market landlords are typically more flexible, however in a landlord's market they are a lot more selective when it comes tofinancials
HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE Total costs – $372,615. Cost per SF $7.85 per sf. The warehouse build-out above includes two concrete loading ramps as well as dock levelers so that adds about $40,000. Other than that the construction is pretty basic and typical of most warehouse space finish outs (bathrooms, lighting, etc). Most warehouse space build-outs will fallwithin
WHAT IS A TENANT IMPROVEMENT ALLOWANCE & HOW DO THEY WORK? The tenant improvement allowance is the amount of money that landlords are willing to spend or give to a tenant to renovate an office space in the landlords office building. It's typically offered as a total dollar amount or a dollar per square foot and negotiated up front. The goal of the tenant should be to negotiate enough tenant improvement HOW TO CALCULATE PRICE PER SQUARE FOOT COMMERCIAL LEASE Divide by 12 months to get a monthly rental amount of $6,250. Example with a monthly price per square foot: 3,000 sf retail space has a monthly asking rental rate of $2.083 per square foot. 3,000 x $2.083 = $6,250 per month for rent. Multiply by 12 months and you get a yearly rental amount of $75,000. As you can see the yearly rate of $25 per WHAT TO KNOW WHEN BUYING COMMERCIAL PROPERTY BUILDINGS So now with a full understanding of the points above, if you still want to buy a building, here are some basic tips & processes of buying a commercial property, building or office condo: 1. Financing – Most small businesses today buy their buildings through SBA funding. You still go through a bank or lending source, but the loan is ultimately WHAT IS THE FEASIBILITY PERIOD WHEN BUYING COMMERCIAL REAL The feasibility period in commercial real estate is negotiable between the buyer and seller and determined during the contract negotiations. For simple commercial real estate purchased the feasibility period maybe 30-45 days. A simple commercial real estate transaction might be an office condo. For more complex projects such as buying a piece COST TO BUILD OUT COMMERCIAL OFFICE SPACE PER SQUARE FOOT When looking for commercial office space to lease you typically don't find exactly what you want ready to move in. Most spaces are going to need some sort of office build out (aka tenant finish out) whether it be new carpet and paint, demo walls / build new walls, add a sink withcabinets, etc.
WHAT DOES NNN MEAN WHEN RENTING COMMERCIAL REAL ESTATE When renting commercial real estate whether it be office space, retail space, or warehouse space most owners will use a triple net lease (seen as NNN). NNN stands for net, net net which are the property's operating expenses (taxes, insurance, & common area maintenance fees) COMMERCIAL RENT CALCULATOR WILL HELP YOU ESTIMATE COSTS Commercial Lease Calculator - Properties Quoting Yearly Rates. Calculate your space rental costs for properties quoting Yearly Rates (e.g. Office or Warehouse). For example it could be a gross rate of $24 SF or a Triple Net (NNN) rate of $12 Base + $8 NNN. If estimated operating expenses are included in the base rate (gross rate) thenleave as $0.
RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are negotiable however landlords push for this for two reasons. To keep up with inflation. Increase revenue and the commercial property's value. When leasing commercial real estate forterms
WHAT LANDLORDS LOOK FOR WHEN QUALIFYING POTENTIAL They typically have a qualification process that can entail reviewing tax returns, background checks, credit reports, checking references, or having a good gut feeling about the prospective tenant. In a tenant's market landlords are typically more flexible, however in a landlord's market they are a lot more selective when it comes tofinancials
HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE Total costs – $372,615. Cost per SF $7.85 per sf. The warehouse build-out above includes two concrete loading ramps as well as dock levelers so that adds about $40,000. Other than that the construction is pretty basic and typical of most warehouse space finish outs (bathrooms, lighting, etc). Most warehouse space build-outs will fallwithin
WHAT IS A TENANT IMPROVEMENT ALLOWANCE & HOW DO THEY WORK? The tenant improvement allowance is the amount of money that landlords are willing to spend or give to a tenant to renovate an office space in the landlords office building. It's typically offered as a total dollar amount or a dollar per square foot and negotiated up front. The goal of the tenant should be to negotiate enough tenant improvement HOW TO CALCULATE PRICE PER SQUARE FOOT COMMERCIAL LEASE Divide by 12 months to get a monthly rental amount of $6,250. Example with a monthly price per square foot: 3,000 sf retail space has a monthly asking rental rate of $2.083 per square foot. 3,000 x $2.083 = $6,250 per month for rent. Multiply by 12 months and you get a yearly rental amount of $75,000. As you can see the yearly rate of $25 per WHAT TO KNOW WHEN BUYING COMMERCIAL PROPERTY BUILDINGS So now with a full understanding of the points above, if you still want to buy a building, here are some basic tips & processes of buying a commercial property, building or office condo: 1. Financing – Most small businesses today buy their buildings through SBA funding. You still go through a bank or lending source, but the loan is ultimately WHAT IS THE FEASIBILITY PERIOD WHEN BUYING COMMERCIAL REAL The feasibility period in commercial real estate is negotiable between the buyer and seller and determined during the contract negotiations. For simple commercial real estate purchased the feasibility period maybe 30-45 days. A simple commercial real estate transaction might be an office condo. For more complex projects such as buying a piece COST TO BUILD OUT COMMERCIAL OFFICE SPACE PER SQUARE FOOT When looking for commercial office space to lease you typically don't find exactly what you want ready to move in. Most spaces are going to need some sort of office build out (aka tenant finish out) whether it be new carpet and paint, demo walls / build new walls, add a sink withcabinets, etc.
WHAT DOES NNN MEAN WHEN RENTING COMMERCIAL REAL ESTATE When renting commercial real estate whether it be office space, retail space, or warehouse space most owners will use a triple net lease (seen as NNN). NNN stands for net, net net which are the property's operating expenses (taxes, insurance, & common area maintenance fees) HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE Total costs – $372,615. Cost per SF $7.85 per sf. The warehouse build-out above includes two concrete loading ramps as well as dock levelers so that adds about $40,000. Other than that the construction is pretty basic and typical of most warehouse space finish outs (bathrooms, lighting, etc). Most warehouse space build-outs will fallwithin
HOW TO BECOME A LICENSED COMMERCIAL REAL ESTATE AGENT Commercial Real Estate Agent Nathan K Smith at Work. I get a lot of people that ask me how to become a licensed commercial real estate agent. They may either be residential real estate agents that want to cross over to commercial real estate or they maybe coming from another industry all together. HOW TO DETERMINE & CALCULATE THE VALUE OF A BEAUTY SALON Take all the factors into account and run both formulas. For this example let's assume the middle of the road seems best. $530,000 X 30% = $159,000 + $22,500 (fair market value of inventory). Total = $181,500. 2.5 X $90,000 = $225,000 + $22,500 (fair market value of inventory). Total = $247,500. Splitting the two numbers above andtaking all
WHAT IS RENT ABATEMENT IN COMMERCIAL LEASES & HOW TO GET IT? Rent abatement in a commercial lease means that the tenant does NOT have to pay rent for a certain time period during one of the following scenarios:. During the initial tenant improvements, As a concession in lieu of a reduced rental rate, Or when the tenant is not able to occupy the space because major property repairs are needed. COSTS TO CONSIDER WHEN BUYING COMMERCIAL REAL ESTATE Phase 1 Environmental – This is an environmental report on the commercial property. Typically the commercial buyer pays for this. The cost typically run between $1,500 and $2,500 for good locations. For poor property sites the costs could be even more. Appraisal – When borrowing money from a bank they will require that you get anappraisal
CHARACTERISTICS OF OFFICE SPACE LEASE RENEWAL OPTIONS Characteristics of the Renewal Option. Advanced Notice – Most office lease renewal options require that you give the landlord prior written notice of your intent to do so. This timeframe can be anywhere between 6 to 12 months before your lease expires. Ideally you want this timeframe to be long so you have enough time to evaluate the market WHAT IS THE FEASIBILITY PERIOD WHEN BUYING COMMERCIAL REAL The feasibility period in commercial real estate is negotiable between the buyer and seller and determined during the contract negotiations. For simple commercial real estate purchased the feasibility period maybe 30-45 days. A simple commercial real estate transaction might be an office condo. For more complex projects such as buying a piece LANTANA PLACE RETAIL SPACE Lantana Place is a 60,000 sf mixed use & entertainment retail & medical space project located at the corner of Southwest Parkway and William Cannon in Austin, Tx 78735 zip code area. It will be anchored by a 39,000 sf movie theatre and a boutique Marriott hotel. There will BROADLOOM CARPET OR CARPET TILES: WHICH IS BETTER FOR YOUR Broadloom Carpet. Also known as Roll carpet. Comes in 12 foot wide rolls. Less expensive than carpet tiles. Have to rip up whole room if stain and need to replace. Installation involves rolling onto carpet pad that sits on floor substrate and cutting to size. More waste is created during installation due to the necessity of cutting largepieces.
QUESTIONS TO ASK LANDLORDS BEFORE SIGNING A COMMERCIAL LEASE When determining which commercial space is right for your business there are a lot more things to consider than just the rental rate. Landlords know that most tenants are not familiar with the intricacies of commercial leasing and if you don't take the time to RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are negotiable however landlords push for this for two reasons. To keep up with inflation. Increase revenue and the commercial property's value. When leasing commercial real estate forterms
CALCULATE MONTHS BETWEEN TWO DATES FOR COMMERCIAL LEASE TERMS Most commercial lease terms are going to be 3-5 years long starting on the first of the month and expiring 3-5 years later at the end of the month-prior to the lease start date. For example: In a 3 year lease that commenced on 2/1/2020 the lease would end on 1/31/2023. In a 5 year lease that started on 3/1/2020 the lease would expire on2/28/2025.
WHAT LANDLORDS LOOK FOR WHEN QUALIFYING POTENTIAL They typically have a qualification process that can entail reviewing tax returns, background checks, credit reports, checking references, or having a good gut feeling about the prospective tenant. In a tenant's market landlords are typically more flexible, however in a landlord's market they are a lot more selective when it comes tofinancials
WHY SHOULD YOU HIRE & USE A COMMERCIAL REAL ESTATE BROKER? Commissions get paid by landlords and sellers. Landlord's and building owners hire listing agents to market their properties and pay them commissions of 4% to 6% of the sales price or total lease amount upon completion of a lease or sale. If you have a commercial broker (aka tenant or buyers agent) represent you the commission is often split 50 AMORTIZED TENANT IMPROVEMENT ALLOWANCE COMMERCIAL SPACE Suppose your leasing 3,000 sf of office space for 5 years and the landlord has agreed to give another $30 sf above and beyond the initial tenant allowance at 7.5%. Annual Interest Rate = 7.5%. When you enter the above information on our handy Tenant Improvement Amortization Calculator you get the Tenant Improvement AmortizationSchedule.
HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE Total costs – $372,615. Cost per SF $7.85 per sf. The warehouse build-out above includes two concrete loading ramps as well as dock levelers so that adds about $40,000. Other than that the construction is pretty basic and typical of most warehouse space finish outs (bathrooms, lighting, etc). Most warehouse space build-outs will fallwithin
WHAT IS A LETTER OF CREDIT WHEN RENTING COMMERCIAL PROPERTY? A letter of credit (LOC) is a document that guarantees rent payments up to a negotiated amount to a landlord in the event you (tenant) do not pay your commercial lease payments. It's typically used in lieu of cash for the security deposit required when renting commercial real estate. Rather than write a check for the security deposit the bank CHARACTERISTICS OF OFFICE SPACE LEASE RENEWAL OPTIONS Characteristics of the Renewal Option. Advanced Notice – Most office lease renewal options require that you give the landlord prior written notice of your intent to do so. This timeframe can be anywhere between 6 to 12 months before your lease expires. Ideally you want this timeframe to be long so you have enough time to evaluate the market PARMER OFFICE PARK COULD BRING AFFORDABILITY TO COMMERCIAL Parmer Austin Office Park could bring affordability to commercial real estate sector. Lease rates to be about half of those in DowntownAustin
BROADLOOM CARPET OR CARPET TILES: WHICH IS BETTER FOR YOUR Broadloom Carpet. Also known as Roll carpet. Comes in 12 foot wide rolls. Less expensive than carpet tiles. Have to rip up whole room if stain and need to replace. Installation involves rolling onto carpet pad that sits on floor substrate and cutting to size. More waste is created during installation due to the necessity of cutting largepieces.
RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are negotiable however landlords push for this for two reasons. To keep up with inflation. Increase revenue and the commercial property's value. When leasing commercial real estate forterms
CALCULATE MONTHS BETWEEN TWO DATES FOR COMMERCIAL LEASE TERMS Most commercial lease terms are going to be 3-5 years long starting on the first of the month and expiring 3-5 years later at the end of the month-prior to the lease start date. For example: In a 3 year lease that commenced on 2/1/2020 the lease would end on 1/31/2023. In a 5 year lease that started on 3/1/2020 the lease would expire on2/28/2025.
WHAT LANDLORDS LOOK FOR WHEN QUALIFYING POTENTIAL They typically have a qualification process that can entail reviewing tax returns, background checks, credit reports, checking references, or having a good gut feeling about the prospective tenant. In a tenant's market landlords are typically more flexible, however in a landlord's market they are a lot more selective when it comes tofinancials
WHY SHOULD YOU HIRE & USE A COMMERCIAL REAL ESTATE BROKER? Commissions get paid by landlords and sellers. Landlord's and building owners hire listing agents to market their properties and pay them commissions of 4% to 6% of the sales price or total lease amount upon completion of a lease or sale. If you have a commercial broker (aka tenant or buyers agent) represent you the commission is often split 50 AMORTIZED TENANT IMPROVEMENT ALLOWANCE COMMERCIAL SPACE Suppose your leasing 3,000 sf of office space for 5 years and the landlord has agreed to give another $30 sf above and beyond the initial tenant allowance at 7.5%. Annual Interest Rate = 7.5%. When you enter the above information on our handy Tenant Improvement Amortization Calculator you get the Tenant Improvement AmortizationSchedule.
HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE Total costs – $372,615. Cost per SF $7.85 per sf. The warehouse build-out above includes two concrete loading ramps as well as dock levelers so that adds about $40,000. Other than that the construction is pretty basic and typical of most warehouse space finish outs (bathrooms, lighting, etc). Most warehouse space build-outs will fallwithin
WHAT IS A LETTER OF CREDIT WHEN RENTING COMMERCIAL PROPERTY? A letter of credit (LOC) is a document that guarantees rent payments up to a negotiated amount to a landlord in the event you (tenant) do not pay your commercial lease payments. It's typically used in lieu of cash for the security deposit required when renting commercial real estate. Rather than write a check for the security deposit the bank CHARACTERISTICS OF OFFICE SPACE LEASE RENEWAL OPTIONS Characteristics of the Renewal Option. Advanced Notice – Most office lease renewal options require that you give the landlord prior written notice of your intent to do so. This timeframe can be anywhere between 6 to 12 months before your lease expires. Ideally you want this timeframe to be long so you have enough time to evaluate the market PARMER OFFICE PARK COULD BRING AFFORDABILITY TO COMMERCIAL Parmer Austin Office Park could bring affordability to commercial real estate sector. Lease rates to be about half of those in DowntownAustin
BROADLOOM CARPET OR CARPET TILES: WHICH IS BETTER FOR YOUR Broadloom Carpet. Also known as Roll carpet. Comes in 12 foot wide rolls. Less expensive than carpet tiles. Have to rip up whole room if stain and need to replace. Installation involves rolling onto carpet pad that sits on floor substrate and cutting to size. More waste is created during installation due to the necessity of cutting largepieces.
TENANT IMPROVEMENT AMORTIZATION CALCULATOR Tenant Improvement Amortization Calculator - Free to Use. Skip to content. We Help You Find Great Space, Avoid Mistakes & Negotiate The Best Deal. Call (512) 861-0525. Search. Home. Office Space. WarehouseSpace. Retail.
HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE Total costs – $372,615. Cost per SF $7.85 per sf. The warehouse build-out above includes two concrete loading ramps as well as dock levelers so that adds about $40,000. Other than that the construction is pretty basic and typical of most warehouse space finish outs (bathrooms, lighting, etc). Most warehouse space build-outs will fallwithin
AMORTIZED TENANT IMPROVEMENT ALLOWANCE COMMERCIAL SPACE When negotiating a commercial lease you typically ask to receive a tenant improvement allowance to cover tenant build out costs such as new flooring, new walls and paint, demo, etc. Before signing the commercial lease contract it's always a good idea to get at least 2-3 preliminary construction bids to make sure the total cost does not exceed your negotiated TI allowance. WHAT IS RENT ABATEMENT IN COMMERCIAL LEASES & HOW TO GET IT? Rent abatement in a commercial lease means that the tenant does NOT have to pay rent for a certain time period during one of the following scenarios:. During the initial tenant improvements, As a concession in lieu of a reduced rental rate, Or when the tenant is not able to occupy the space because major property repairs are needed. HOW TO BECOME A LICENSED COMMERCIAL REAL ESTATE AGENT Commercial Real Estate Agent Nathan K Smith at Work. I get a lot of people that ask me how to become a licensed commercial real estate agent. They may either be residential real estate agents that want to cross over to commercial real estate or they maybe coming from another industry all together. CHARACTERISTICS OF OFFICE SPACE LEASE RENEWAL OPTIONS Characteristics of the Renewal Option. Advanced Notice – Most office lease renewal options require that you give the landlord prior written notice of your intent to do so. This timeframe can be anywhere between 6 to 12 months before your lease expires. Ideally you want this timeframe to be long so you have enough time to evaluate the market LANTANA PLACE RETAIL SPACE Lantana Place is a 60,000 sf mixed use & entertainment retail & medical space project located at the corner of Southwest Parkway and William Cannon in Austin, Tx 78735 zip code area. It will be anchored by a 39,000 sf movie theatre and a boutique Marriott hotel. There will BROADLOOM CARPET OR CARPET TILES: WHICH IS BETTER FOR YOUR Broadloom Carpet. Also known as Roll carpet. Comes in 12 foot wide rolls. Less expensive than carpet tiles. Have to rip up whole room if stain and need to replace. Installation involves rolling onto carpet pad that sits on floor substrate and cutting to size. More waste is created during installation due to the necessity of cutting largepieces.
WHAT IS THE FEASIBILITY PERIOD WHEN BUYING COMMERCIAL REAL The feasibility period in commercial real estate is negotiable between the buyer and seller and determined during the contract negotiations. For simple commercial real estate purchased the feasibility period maybe 30-45 days. A simple commercial real estate transaction might be an office condo. For more complex projects such as buying a piece QUESTIONS TO ASK LANDLORDS BEFORE SIGNING A COMMERCIAL LEASE When determining which commercial space is right for your business there are a lot more things to consider than just the rental rate. Landlords know that most tenants are not familiar with the intricacies of commercial leasing and if you don't take the time to CALCULATE MONTHS BETWEEN TWO DATES FOR COMMERCIAL LEASE TERMS We created this calculator to give tenants an easy way to count how many months are remaining on their commercial leases. The only other way to do it is to calculate months between two dates in excel, however that requires knowing a bunch of formulas. RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are WHAT LANDLORDS LOOK FOR WHEN QUALIFYING POTENTIAL Commercial landlords don't lease to just anyone. You need to be prepared. Here are a checklist of things to consider when leasing commercial real estate. WHY SHOULD YOU HIRE & USE A COMMERCIAL REAL ESTATE BROKER? Are you searching for commercial real estate space for your business? You could search Google for the term “commercial space for rent Austin Tx” while you are driving down the road or sitting in your office. However doing so would yield about 20 million results which can be overwhelming to sift through. AMORTIZED TENANT IMPROVEMENT ALLOWANCE COMMERCIAL SPACE When negotiating a commercial lease you typically ask to receive a tenant improvement allowance to cover tenant build out costs such as new flooring, new walls and paint, demo, etc. Before signing the commercial lease contract it's always a good idea to get at least 2-3 preliminary construction bids to make sure the total cost does not exceed your negotiated TI allowance. WHAT IS THE FEASIBILITY PERIOD WHEN BUYING COMMERCIAL REAL When negotiating the purchase of commercial real estate most contracts provide a feasibility period after the contract is signed (aka the effective date) for the buyer to study & analyze the property to ensure there are no defects.It's important for buyers to perform this due diligence to ensure the property is in good condition and that it makes business and financials sense, all while CHARACTERISTICS OF OFFICE SPACE LEASE RENEWAL OPTIONS If negotiated properly most office space leases have renewal options that give the tenant the right to extend the lease beyond the initialterm.
HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE When searching for warehouse space to rent you will find industrial space that has been previously built out and occupied before (aka 2nd generation space) and if available you will also find brand new warehouse space that is in shell condition (aka 1st generation space). PARMER OFFICE PARK COULD BRING AFFORDABILITY TO COMMERCIAL Parmer Austin Office Park could bring affordability to commercial real estate sector. Lease rates to be about half of those in DowntownAustin
WHAT IS A LETTER OF CREDIT WHEN RENTING COMMERCIAL PROPERTY? A letter of credit (LOC) is a document that guarantees rent payments up to a negotiated amount to a landlord in the event you (tenant) do not pay your commercial lease payments. CALCULATE MONTHS BETWEEN TWO DATES FOR COMMERCIAL LEASE TERMS We created this calculator to give tenants an easy way to count how many months are remaining on their commercial leases. The only other way to do it is to calculate months between two dates in excel, however that requires knowing a bunch of formulas. RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are WHAT LANDLORDS LOOK FOR WHEN QUALIFYING POTENTIAL Commercial landlords don't lease to just anyone. You need to be prepared. Here are a checklist of things to consider when leasing commercial real estate. WHY SHOULD YOU HIRE & USE A COMMERCIAL REAL ESTATE BROKER? Are you searching for commercial real estate space for your business? You could search Google for the term “commercial space for rent Austin Tx” while you are driving down the road or sitting in your office. However doing so would yield about 20 million results which can be overwhelming to sift through. AMORTIZED TENANT IMPROVEMENT ALLOWANCE COMMERCIAL SPACE When negotiating a commercial lease you typically ask to receive a tenant improvement allowance to cover tenant build out costs such as new flooring, new walls and paint, demo, etc. Before signing the commercial lease contract it's always a good idea to get at least 2-3 preliminary construction bids to make sure the total cost does not exceed your negotiated TI allowance. WHAT IS THE FEASIBILITY PERIOD WHEN BUYING COMMERCIAL REAL When negotiating the purchase of commercial real estate most contracts provide a feasibility period after the contract is signed (aka the effective date) for the buyer to study & analyze the property to ensure there are no defects.It's important for buyers to perform this due diligence to ensure the property is in good condition and that it makes business and financials sense, all while CHARACTERISTICS OF OFFICE SPACE LEASE RENEWAL OPTIONS If negotiated properly most office space leases have renewal options that give the tenant the right to extend the lease beyond the initialterm.
HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE When searching for warehouse space to rent you will find industrial space that has been previously built out and occupied before (aka 2nd generation space) and if available you will also find brand new warehouse space that is in shell condition (aka 1st generation space). PARMER OFFICE PARK COULD BRING AFFORDABILITY TO COMMERCIAL Parmer Austin Office Park could bring affordability to commercial real estate sector. Lease rates to be about half of those in DowntownAustin
WHAT IS A LETTER OF CREDIT WHEN RENTING COMMERCIAL PROPERTY? A letter of credit (LOC) is a document that guarantees rent payments up to a negotiated amount to a landlord in the event you (tenant) do not pay your commercial lease payments. TENANT IMPROVEMENT AMORTIZATION CALCULATOR Use our free tenant improvement amortization calculator to calculate amortized tenant improvements for commercial office, retail, and office space leases. AMORTIZED TENANT IMPROVEMENT ALLOWANCE COMMERCIAL SPACE When negotiating a commercial lease you typically ask to receive a tenant improvement allowance to cover tenant build out costs such as new flooring, new walls and paint, demo, etc. Before signing the commercial lease contract it's always a good idea to get at least 2-3 preliminary construction bids to make sure the total cost does not exceed your negotiated TI allowance. WHAT IS RENT ABATEMENT IN COMMERCIAL LEASES & HOW TO GET IT? Rent abatement in a commercial lease means that the tenant does NOT have to pay rent for a certain time period during one of the following scenarios:. During the initial tenant improvements, As a concession in lieu of a reduced rental rate, Or when the tenant is not able to occupy the space because major property repairs are needed. HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE When searching for warehouse space to rent you will find industrial space that has been previously built out and occupied before (aka 2nd generation space) and if available you will also find brand new warehouse space that is in shell condition (aka 1st generation space). WHAT IS THE FEASIBILITY PERIOD WHEN BUYING COMMERCIAL REAL When negotiating the purchase of commercial real estate most contracts provide a feasibility period after the contract is signed (aka the effective date) for the buyer to study & analyze the property to ensure there are no defects.It's important for buyers to perform this due diligence to ensure the property is in good condition and that it makes business and financials sense, all while CHARACTERISTICS OF OFFICE SPACE LEASE RENEWAL OPTIONS If negotiated properly most office space leases have renewal options that give the tenant the right to extend the lease beyond the initialterm.
WHAT COSTS ARE INVOLVED WHEN LEASING WAREHOUSE SPACE? When leasing warehouse space you want to make sure that you know who pays (Landlord or Tenant) for what BEFORE signing a lease contract. The costs involved when leasing warehouse space can be different depending on who owns the property and how they operate it, and the commercial real estate market that you live in. LANTANA PLACE RETAIL SPACE Lantana Place is a 60,000 sf mixed use & entertainment retail & medical space project located at the corner of Southwest Parkway and William Cannon in Austin, Tx 78735 zip code area. BROADLOOM CARPET OR CARPET TILES: WHICH IS BETTER FOR YOUR When doing an office space build out you typically have to get new flooring. Your choices are endless from polished concrete, tiles, laminate, hardwood, carpet tiles, broadloom carpet, etc. You also have many different colors and patterns to look at. QUESTIONS TO ASK LANDLORDS BEFORE SIGNING A COMMERCIAL LEASE When determining which commercial space is right for your business there are a lot more things to consider than just the rental rate. Landlords know that most tenants are not familiar with the intricacies of commercial leasing and if you don't take the time to TENANT IMPROVEMENT AMORTIZATION CALCULATOR Tenant Improvement Amortization Calculator - Free to Use. Skip to content. We Help You Find Great Space, Avoid Mistakes & Negotiate The Best Deal. Call (512) 861-0525. Search. Home. Office Space. WarehouseSpace. Retail.
COMMERCIAL RENT CALCULATOR WILL HELP YOU ESTIMATE COSTS Commercial Lease Calculator - Properties Quoting Yearly Rates. Calculate your space rental costs for properties quoting Yearly Rates (e.g. Office or Warehouse). For example it could be a gross rate of $24 SF or a Triple Net (NNN) rate of $12 Base + $8 NNN. If estimated operating expenses are included in the base rate (gross rate) thenleave as $0.
RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are negotiable however landlords push for this for two reasons. To keep up with inflation. Increase revenue and the commercial property's value. When leasing commercial real estate forterms
CALCULATE MONTHS BETWEEN TWO DATES FOR COMMERCIAL LEASE TERMS Most commercial lease terms are going to be 3-5 years long starting on the first of the month and expiring 3-5 years later at the end of the month-prior to the lease start date. For example: In a 3 year lease that commenced on 2/1/2020 the lease would end on 1/31/2023. In a 5 year lease that started on 3/1/2020 the lease would expire on2/28/2025.
WHY SHOULD YOU HIRE & USE A COMMERCIAL REAL ESTATE BROKER? Commissions get paid by landlords and sellers. Landlord's and building owners hire listing agents to market their properties and pay them commissions of 4% to 6% of the sales price or total lease amount upon completion of a lease or sale. If you have a commercial broker (aka tenant or buyers agent) represent you the commission is often split 50 HOW TO CALCULATE PRICE PER SQUARE FOOT COMMERCIAL LEASE Divide by 12 months to get a monthly rental amount of $6,250. Example with a monthly price per square foot: 3,000 sf retail space has a monthly asking rental rate of $2.083 per square foot. 3,000 x $2.083 = $6,250 per month for rent. Multiply by 12 months and you get a yearly rental amount of $75,000. As you can see the yearly rate of $25 per WHAT LANDLORDS LOOK FOR WHEN QUALIFYING POTENTIAL They typically have a qualification process that can entail reviewing tax returns, background checks, credit reports, checking references, or having a good gut feeling about the prospective tenant. In a tenant's market landlords are typically more flexible, however in a landlord's market they are a lot more selective when it comes tofinancials
WHAT COSTS ARE INVOLVED WHEN LEASING WAREHOUSE SPACE? HVAC Maintenance – Estimate $50 per month. Electricity – $700 to $800 per month. (average is $2 sf per year so 5,000 sf X $2 / 12) Property & Liability Insurance – $60 per month +/- (depends on your business) TOTAL ESTIMATED MONTLY COSTS – $4,910 per month. If you have any questions about the costs involved in leasing warehouse spaceor
WHAT IS A LETTER OF CREDIT WHEN RENTING COMMERCIAL PROPERTY? A letter of credit (LOC) is a document that guarantees rent payments up to a negotiated amount to a landlord in the event you (tenant) do not pay your commercial lease payments. It's typically used in lieu of cash for the security deposit required when renting commercial real estate. Rather than write a check for the security deposit the bank OVER 100 STARTUP QUESTIONS ASKED BY THE SHARK TANK SHARKS Over 100 Startup Questions Asked by the Shark Tank Sharks. If you are like me you love to watch Shark Tank on ABC! The cast are all real investors that use their own money (e.g. Barbara Corcoran, Mark Cuban, Robert Herjavek, Daymond John, Lori Greiner, and Kevin O'Leary) and they are serious when questioning aspiring entrepreneurs about their TENANT IMPROVEMENT AMORTIZATION CALCULATOR Tenant Improvement Amortization Calculator - Free to Use. Skip to content. We Help You Find Great Space, Avoid Mistakes & Negotiate The Best Deal. Call (512) 861-0525. Search. Home. Office Space. WarehouseSpace. Retail.
COMMERCIAL RENT CALCULATOR WILL HELP YOU ESTIMATE COSTS Commercial Lease Calculator - Properties Quoting Yearly Rates. Calculate your space rental costs for properties quoting Yearly Rates (e.g. Office or Warehouse). For example it could be a gross rate of $24 SF or a Triple Net (NNN) rate of $12 Base + $8 NNN. If estimated operating expenses are included in the base rate (gross rate) thenleave as $0.
RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are negotiable however landlords push for this for two reasons. To keep up with inflation. Increase revenue and the commercial property's value. When leasing commercial real estate forterms
CALCULATE MONTHS BETWEEN TWO DATES FOR COMMERCIAL LEASE TERMS Most commercial lease terms are going to be 3-5 years long starting on the first of the month and expiring 3-5 years later at the end of the month-prior to the lease start date. For example: In a 3 year lease that commenced on 2/1/2020 the lease would end on 1/31/2023. In a 5 year lease that started on 3/1/2020 the lease would expire on2/28/2025.
WHY SHOULD YOU HIRE & USE A COMMERCIAL REAL ESTATE BROKER? Commissions get paid by landlords and sellers. Landlord's and building owners hire listing agents to market their properties and pay them commissions of 4% to 6% of the sales price or total lease amount upon completion of a lease or sale. If you have a commercial broker (aka tenant or buyers agent) represent you the commission is often split 50 HOW TO CALCULATE PRICE PER SQUARE FOOT COMMERCIAL LEASE Divide by 12 months to get a monthly rental amount of $6,250. Example with a monthly price per square foot: 3,000 sf retail space has a monthly asking rental rate of $2.083 per square foot. 3,000 x $2.083 = $6,250 per month for rent. Multiply by 12 months and you get a yearly rental amount of $75,000. As you can see the yearly rate of $25 per WHAT LANDLORDS LOOK FOR WHEN QUALIFYING POTENTIAL They typically have a qualification process that can entail reviewing tax returns, background checks, credit reports, checking references, or having a good gut feeling about the prospective tenant. In a tenant's market landlords are typically more flexible, however in a landlord's market they are a lot more selective when it comes tofinancials
WHAT COSTS ARE INVOLVED WHEN LEASING WAREHOUSE SPACE? HVAC Maintenance – Estimate $50 per month. Electricity – $700 to $800 per month. (average is $2 sf per year so 5,000 sf X $2 / 12) Property & Liability Insurance – $60 per month +/- (depends on your business) TOTAL ESTIMATED MONTLY COSTS – $4,910 per month. If you have any questions about the costs involved in leasing warehouse spaceor
WHAT IS A LETTER OF CREDIT WHEN RENTING COMMERCIAL PROPERTY? A letter of credit (LOC) is a document that guarantees rent payments up to a negotiated amount to a landlord in the event you (tenant) do not pay your commercial lease payments. It's typically used in lieu of cash for the security deposit required when renting commercial real estate. Rather than write a check for the security deposit the bank OVER 100 STARTUP QUESTIONS ASKED BY THE SHARK TANK SHARKS Over 100 Startup Questions Asked by the Shark Tank Sharks. If you are like me you love to watch Shark Tank on ABC! The cast are all real investors that use their own money (e.g. Barbara Corcoran, Mark Cuban, Robert Herjavek, Daymond John, Lori Greiner, and Kevin O'Leary) and they are serious when questioning aspiring entrepreneurs about their AUSTIN COMMERCIAL REAL ESTATE SPACE FOR LEASE OR SALE Austin Tenant Advisors specializes in helping YOU find the best Austin commercial real estate space for lease, rent, or sale. We help companies small and large in the search, selection, negotiation, and occupancy of warehouse space, retail space, and office space for leasein Austin Tx.
TENANT IMPROVEMENT AMORTIZATION CALCULATOR Tenant Improvement Amortization Calculator - Free to Use. Skip to content. We Help You Find Great Space, Avoid Mistakes & Negotiate The Best Deal. Call (512) 861-0525. Search. Home. Office Space. WarehouseSpace. Retail.
RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are negotiable however landlords push for this for two reasons. To keep up with inflation. Increase revenue and the commercial property's value. When leasing commercial real estate forterms
OFFICE SPACE CALCULATOR How much office space per person or how many sf of office space do you need per employee? A general rule thumb is 125 to 175 sf per person in open office layouts and 200 to 250 sf per person in offices with manyhard-walled rooms.
HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE Total costs – $372,615. Cost per SF $7.85 per sf. The warehouse build-out above includes two concrete loading ramps as well as dock levelers so that adds about $40,000. Other than that the construction is pretty basic and typical of most warehouse space finish outs (bathrooms, lighting, etc). Most warehouse space build-outs will fallwithin
AMORTIZED TENANT IMPROVEMENT ALLOWANCE COMMERCIAL SPACE When negotiating a commercial lease you typically ask to receive a tenant improvement allowance to cover tenant build out costs such as new flooring, new walls and paint, demo, etc. Before signing the commercial lease contract it's always a good idea to get at least 2-3 preliminary construction bids to make sure the total cost does not exceed your negotiated TI allowance. HOW TO CALCULATE PRICE PER SQUARE FOOT COMMERCIAL LEASE Divide by 12 months to get a monthly rental amount of $6,250. Example with a monthly price per square foot: 3,000 sf retail space has a monthly asking rental rate of $2.083 per square foot. 3,000 x $2.083 = $6,250 per month for rent. Multiply by 12 months and you get a yearly rental amount of $75,000. As you can see the yearly rate of $25 per WHAT FINANCIALS DO I NEED TO SHOW WHEN LEASING COMMERCIAL If you are a startup then you will have to show 2-3 years of tax returns and/or a personal financial statement. In addition if you are relying on a small business loan to fund the business set up and operations then it would be a good idea to obtain a letter from your bank showing that you have been pre-approved for a certain dollaramount
HOW TO BECOME A LICENSED COMMERCIAL REAL ESTATE AGENT Commercial Real Estate Agent Nathan K Smith at Work. I get a lot of people that ask me how to become a licensed commercial real estate agent. They may either be residential real estate agents that want to cross over to commercial real estate or they maybe coming from another industry all together. QUESTIONS TO ASK LANDLORDS BEFORE SIGNING A COMMERCIAL LEASE When determining which commercial space is right for your business there are a lot more things to consider than just the rental rate. Landlords know that most tenants are not familiar with the intricacies of commercial leasing and if you don't take the time to TENANT IMPROVEMENT AMORTIZATION CALCULATOR Tenant Improvement Amortization Calculator - Free to Use. Skip to content. We Help You Find Great Space, Avoid Mistakes & Negotiate The Best Deal. Call (512) 861-0525. Search. Home. Office Space. WarehouseSpace. Retail.
COMMERCIAL RENT CALCULATOR WILL HELP YOU ESTIMATE COSTS Commercial Lease Calculator - Properties Quoting Yearly Rates. Calculate your space rental costs for properties quoting Yearly Rates (e.g. Office or Warehouse). For example it could be a gross rate of $24 SF or a Triple Net (NNN) rate of $12 Base + $8 NNN. If estimated operating expenses are included in the base rate (gross rate) thenleave as $0.
RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are negotiable however landlords push for this for two reasons. To keep up with inflation. Increase revenue and the commercial property's value. When leasing commercial real estate forterms
CALCULATE MONTHS BETWEEN TWO DATES FOR COMMERCIAL LEASE TERMS Most commercial lease terms are going to be 3-5 years long starting on the first of the month and expiring 3-5 years later at the end of the month-prior to the lease start date. For example: In a 3 year lease that commenced on 2/1/2020 the lease would end on 1/31/2023. In a 5 year lease that started on 3/1/2020 the lease would expire on2/28/2025.
WHY SHOULD YOU HIRE & USE A COMMERCIAL REAL ESTATE BROKER? Commissions get paid by landlords and sellers. Landlord's and building owners hire listing agents to market their properties and pay them commissions of 4% to 6% of the sales price or total lease amount upon completion of a lease or sale. If you have a commercial broker (aka tenant or buyers agent) represent you the commission is often split 50 HOW TO CALCULATE PRICE PER SQUARE FOOT COMMERCIAL LEASE Divide by 12 months to get a monthly rental amount of $6,250. Example with a monthly price per square foot: 3,000 sf retail space has a monthly asking rental rate of $2.083 per square foot. 3,000 x $2.083 = $6,250 per month for rent. Multiply by 12 months and you get a yearly rental amount of $75,000. As you can see the yearly rate of $25 per WHAT LANDLORDS LOOK FOR WHEN QUALIFYING POTENTIAL They typically have a qualification process that can entail reviewing tax returns, background checks, credit reports, checking references, or having a good gut feeling about the prospective tenant. In a tenant's market landlords are typically more flexible, however in a landlord's market they are a lot more selective when it comes tofinancials
WHAT COSTS ARE INVOLVED WHEN LEASING WAREHOUSE SPACE? HVAC Maintenance – Estimate $50 per month. Electricity – $700 to $800 per month. (average is $2 sf per year so 5,000 sf X $2 / 12) Property & Liability Insurance – $60 per month +/- (depends on your business) TOTAL ESTIMATED MONTLY COSTS – $4,910 per month. If you have any questions about the costs involved in leasing warehouse spaceor
WHAT IS A LETTER OF CREDIT WHEN RENTING COMMERCIAL PROPERTY? A letter of credit (LOC) is a document that guarantees rent payments up to a negotiated amount to a landlord in the event you (tenant) do not pay your commercial lease payments. It's typically used in lieu of cash for the security deposit required when renting commercial real estate. Rather than write a check for the security deposit the bank OVER 100 STARTUP QUESTIONS ASKED BY THE SHARK TANK SHARKS Over 100 Startup Questions Asked by the Shark Tank Sharks. If you are like me you love to watch Shark Tank on ABC! The cast are all real investors that use their own money (e.g. Barbara Corcoran, Mark Cuban, Robert Herjavek, Daymond John, Lori Greiner, and Kevin O'Leary) and they are serious when questioning aspiring entrepreneurs about their AUSTIN COMMERCIAL REAL ESTATE SPACE FOR LEASE OR SALE Austin Tenant Advisors specializes in helping YOU find the best Austin commercial real estate space for lease, rent, or sale. We help companies small and large in the search, selection, negotiation, and occupancy of warehouse space, retail space, and office space for leasein Austin Tx.
TENANT IMPROVEMENT AMORTIZATION CALCULATOR Tenant Improvement Amortization Calculator - Free to Use. Skip to content. We Help You Find Great Space, Avoid Mistakes & Negotiate The Best Deal. Call (512) 861-0525. Search. Home. Office Space. WarehouseSpace. Retail.
RENT ESCALATIONS IN COMMERCIAL LEASES TENANTS SHOULD BE Rent escalation is a pre-negotiated lease clause in which a tenants base rent is increased on an annual basis. Rent escalation clauses in commercial leases are negotiable however landlords push for this for two reasons. To keep up with inflation. Increase revenue and the commercial property's value. When leasing commercial real estate forterms
OFFICE SPACE CALCULATOR How much office space per person or how many sf of office space do you need per employee? A general rule thumb is 125 to 175 sf per person in open office layouts and 200 to 250 sf per person in offices with manyhard-walled rooms.
HOW MUCH DOES IT COST TO BUILD OUT BRAND NEW WAREHOUSE Total costs – $372,615. Cost per SF $7.85 per sf. The warehouse build-out above includes two concrete loading ramps as well as dock levelers so that adds about $40,000. Other than that the construction is pretty basic and typical of most warehouse space finish outs (bathrooms, lighting, etc). Most warehouse space build-outs will fallwithin
AMORTIZED TENANT IMPROVEMENT ALLOWANCE COMMERCIAL SPACE When negotiating a commercial lease you typically ask to receive a tenant improvement allowance to cover tenant build out costs such as new flooring, new walls and paint, demo, etc. Before signing the commercial lease contract it's always a good idea to get at least 2-3 preliminary construction bids to make sure the total cost does not exceed your negotiated TI allowance. HOW TO CALCULATE PRICE PER SQUARE FOOT COMMERCIAL LEASE Divide by 12 months to get a monthly rental amount of $6,250. Example with a monthly price per square foot: 3,000 sf retail space has a monthly asking rental rate of $2.083 per square foot. 3,000 x $2.083 = $6,250 per month for rent. Multiply by 12 months and you get a yearly rental amount of $75,000. As you can see the yearly rate of $25 per WHAT FINANCIALS DO I NEED TO SHOW WHEN LEASING COMMERCIAL If you are a startup then you will have to show 2-3 years of tax returns and/or a personal financial statement. In addition if you are relying on a small business loan to fund the business set up and operations then it would be a good idea to obtain a letter from your bank showing that you have been pre-approved for a certain dollaramount
HOW TO BECOME A LICENSED COMMERCIAL REAL ESTATE AGENT Commercial Real Estate Agent Nathan K Smith at Work. I get a lot of people that ask me how to become a licensed commercial real estate agent. They may either be residential real estate agents that want to cross over to commercial real estate or they maybe coming from another industry all together. QUESTIONS TO ASK LANDLORDS BEFORE SIGNING A COMMERCIAL LEASE When determining which commercial space is right for your business there are a lot more things to consider than just the rental rate. Landlords know that most tenants are not familiar with the intricacies of commercial leasing and if you don't take the time toSkip to content
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We Help You Find Commercial Real Estate For Lease or Sale FREE REPORT OF AVAILABLE SPACES! Receive a free list of available spaces custom to your needs complete with lease rates, photos, and floor plans:Name
Type of Space
Type of SpaceOfficeRetailMedical OfficeWarehouseSize in SF
Size in SF1-500 sq ft501-1000 sq ft1001-2000 sq ft2001-3000 sq ft3001-4000 sq ft4001-5000 sq ft5001-6000 sq ft6000+Phone
Ideal Location
Ideal LocationNorth AustinNorthwest AustinNortheast AustinSouth AustinSouthwest AustinSoutheast AustinCentral AustinDowntown AustinEast AustinWest AustinCedar Park/LeanderRound Rock/PflugervilleLakewayBee CaveWestlakeSubmit
AUSTIN COMMERCIAL REAL ESTATE AGENCY Austin Tenant Advisors specializes in helping YOU find the best Austin commercial real estate space for lease, rent, or sale. We help companies small and large in the search, selection, negotiation, and occupancy of warehouse space, retail space, and office space for lease in Austin Tx. Whether you are a startup or existing company we have the tools, experience, and resources to insure you have the best experience possible. TO GET STARTED ON YOUR COMMERCIAL REAL ESTATE PROPERTY SEARCH CALL (512) 861-0525 OR FILL OUT OUR FORM. OUR FEES ARE PAID FOR BY LANDLORDS SO OUR SERVICE IS FREE TO YOU. Once we have a good understanding of your ideal size, location, timing, and budget we will identify every property that matches your current and future needs and send you a complete report with a map overview, photos, and pricing. From there we will schedule tours draft proposals, and negotiate on your behalf to ensure you get the bestdeal possible.
We have over 13 years of experience in tenant representation negotiating new leases, commercial lease renewals, expansions, and purchasing commercial real estate properties in the Austin, Tx metro. We only represent your best interests, never landlords, which means you get unbiased advice and a commercial agent on your side. HOW OUR SERVICE WORKS WE SPECIALIZE IN COMMERCIAL REAL ESTATE PROPERTIES Our only focus is commercial real estate in Austin, TX, not a jack of all trades. We focus on one thing and we do it right. We help companies like yours in the search, selection, negotiation, and occupancy of commercial offices, warehouse space, and retail space forlease.
WE ONLY REPRESENT TENANTS & BUYERS OF COMMERCIAL REAL ESTATE IN AUSTINTX
We only represent tenants and buyers…..never landlords so you can rest assured that we have your best interests in mind. Call 512-861-0525 or email us your business space needs. After learning more about your commercial property needs we will research, identify and prepare a list of every available commercial property listing that meets your specific criteria. Pictures, floorplans, and lease rate info will be emailed to you within hours of contact. OUR AUSTIN TX COMMERCIAL REAL ESTATE SERVICE COST YOU NOTHING Landlords pay full commissions to their listing agent whether you have representation or not. When you hire us we represent you however there is no cost for our service. You don’t pay a penny for our service, the landlord does, and there’s no obligation so why wait to contact us to see if we can assist with your business needs? YOU WILL SAVE TIME & MONEY USING OUR COMMERCIAL REAL ESTATE SERVICES We do all the legwork for you searching for space, calling landlords, previewing spaces to ensure that they meet your needs, while you focus on your business. Your time will not be wasted looking at spaces that don't meet your ideal size, layout, budget, and timing. By putting our tools, resources, and 12 years of experience to use you will be sure to find the right space, at the lowest price, and best terms possible. TYPES OF COMMERCIAL REAL ESTATE AUSTIN TENANT ADVISORS HANDLES Not sure of the type of Austin commercial real estate space you need? Whether you need to lease retail, medical, or industrial/warehouse, we can find just the spot that fits both your business and your budget. Currently there are over 18,000 commercial properties in Austin, Tx with over 304,000,000 sf of rentable space. Leasing commercial space on your own could be a daunting task, however by putting our services to use you will be able to save a ton of time and money. OFFICE SPACE FOR RENT Professional offices come in all shapes and sizes. There are over 4,600 office buildings with over 96 million square feet of space. Whether you’re looking for an old house zoned for commercial office use, a traditional building in the suburbs, flexible space to service your office and warehouse space needs, or a class A space in downtown Austin, we can help find office space for rent in Austinthat fits your
current and future needs. RETAIL SPACE FOR LEASE When looking for Austin retail spaceone must research
and consider many other factors than when leasing other types of commercial space. The cheapest space will not always be the most suited for your business so don’t just sign a lease on the first bargain you see. Things such as demographics, traffic patterns, your competition, visibility needs, etc. must be considered to determine whether a location is right for you. In Austin there are about 9,220 retail buildings with over 106 million square feet of rentable retailspace.
MEDICAL SPACE
Finding the right professional medical workplace can be imperative to the success of your medical practice. Chances are, you need to be close to a hospital or medical facility that treats similar patients or that you can get referrals from. Whether you’d like to be downtown, closest to the largest medical hospitals in Austin, or in a thriving city such as Lakeway, TX, we can help you find the perfect medical facility. If you are a dentist or a chiropractor needing to lease space there are plenty of options for you in medical buildings or in retail locations throughout the Austin Metro area.WAREHOUSE SPACE
Industrial / Warehouse space can be used for many purposes. If your business requires flexible working space, has loading and unloading requirements, needs a combination of office/warehouse, or you’re just looking for lower cost commercial space, finding Austin warehouse space for lease might be the best fit for your business. Currently there are 4,003 industrial buildings with over 97 million square feet of industrial digs in Austin, and that numbercontinues to grow.
THINGS TO CONSIDER WHEN SEARCHING FOR COMMERCIAL PROPERTIES IN AUSTIN Learn how to Do Business in Austin– When leasing
or buying real estate you need to know the city codes & permittingprocesses
Start looking for space sooner than you think you need to. 6-12 months before you're ideal move in date is a good start. Get Local Help From Experts – The process of searching for commercial property can be difficult, especially if you are new to an area and/or don't have the time to do it on your own. However if you work with a local tenant representative who is familiar with the properties in your ideal area, they can make the process much easier as well as help you negotiate the best deal possible. Know Your Current & Future Needs – Consider hiring an architect or space planner to determine your ideal needs before you start looking for properties. If you plan on growing make sure the building can accommodate your future growth. AUSTIN-ROUND ROCK METROPOLITAN AREAS THAT WE SERVE More than 100 Satisfied ClientsReviews on Google
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