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Use the following checklist to help you evaluate office space:
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Location and accessibility for:
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Costs of occupancy: |
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Parking for: |
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Appearance: What message will be sent to your customers? |
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Cleaning service: |
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Elevator efficiency: |
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Access to amenities: |
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Office space appearance: |
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Tenant improvements: |
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Efficiency of the space: |
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Tenants in multi-tenant space pay a pro rata rate share of common area space (halls, etc.) and some poorly designed or older building have a high percentage of such space (wide halls, atriums, etc.).
If you are buying an Office property (owner-occupant or investor) also consider:
- Income
- Expenses
- Mortgages
- Condition of roof (age)
- Condition of parking lot (ramp) and age
- Tenants (length, type, credit)
- Lease terms and conditions
Once you decide to sell or lease office space, a Commercial Services specialist will assist you every step of the way.
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